Ag063-kent/surrey borders-asking price: £215,000-high quality home furnishings retailer

| Asking Price: | 215,000 £ | |
Real Estate: | Lease |
|
|---|---|---|---|---|---|
| Sales Revenue: | 830,000 £ | Location: | Not Disclosed | ||
| Net Profit: | 1 £ | City: | Kent | ||
| Year Established: | 1977 | State/Province: | West Yorkshire | ||
| Employees: | Not Disclosed | Country: | United Kingdom | ||
| # of family members employed: | Not Disclosed |
Business types:
Retail
Business categories:
Home Furnishings
Business description

Well established, high quality home furnishings retailer Ref. No: AG063 Confidentially offered for sale Location: Kent/Surrey borders Asking price: £215,000 Asking price includes: Turnover for the financial year ending July 2006 of £830,000 Gross margins of approximately 30%. Established in 1977, largely as a furniture exporter, this business has evolved into a high quality home furnishings retailer, trading within this sector and under its current identity since 1981. The business operates from very well suited premises in a prime location – the largest and best presented 18th century store in the centre of an historic Kent town. Well positioned to attract custom from the surounding area, this business has an almost exclusive catchment area of some fifteen miles radius. There are simply no other outlets offering a similar mix of high quality furnishings and interior design service in the locality. As a result this business draws clients from a wide area that includes many of the most prosperous towns in the South East. Positioned in the upper middle range to the top end of the market, this business offers everything for the discerning home maker. Its product range, which is essentially traditional/classical in style includes sofas and chairs from a wide variety of leading British Upholsterers including Duresta and Artistic. The cabinet collection also largely British includes Titchmarsh+Goodwin and Kennedy. Broadloom carpets and rugs come from Brintons, Tollgate together with some fine European and Indian weavers. The offering is completed by an excellent range of fabrics and wallpapers from such leading names as G P& J Baker, Colefax & Fowler, Osborne & Little and Zoffany. Another appealing feature within the store is the concession gift department offering an eclectic mix of dйcor, gifts and home accessories. More recently this business has introduced a very well designed and easy to shop Internet site that has become an increasingly important part of the business. In addition to offering its customers the finest quality product range this business provides an unrivalled, reliable and personal service to match. The knowledgeable and experienced staff offers a customer-focused interior design service catering for projects of all sizes in both the domestic and contract fields. One contact dealing exclusively with a customer throughout ensures a smooth running design to completion process. The business also provides a home trial service enabling customers to see a particular piece in the home before making a decision to buy. Not surprisingly this business can boast of its’ many satisfied clients. This is a very high profile business situated in a prime location in an area renowned for attracting a large number of high net worth individuals. Turnover for the the financial year ending July 2006 was in excess of £830,000 generating gross profits of £240,000. As such it represents an excellent opportunity for anyone looking to acquire a well established, quality home furnishings retail outlet in a prime location with a strong, loyal customer base.
Additional information

| Additional information: | Not Disclosed |
|---|---|
| Support & training: | Not Disclosed |
| Reasons for selling: | retirement |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | Not Disclosed |
In order to contact the buyer/seller, you must be a registered user of the site and must be logged in









