Sold £98,500 - General Retail
Unusual opportunity to acquire this well-established mid to high end provider of full service interior design, ranging from the retail of home / giftware to the complete design consultancy, supply, fit and finish of entire residences. The majority of work is with curtains, upholstery, gifts / homeware, wallpaper and furniture.
Based in a well presented and furnished retail showroom in a prime high street location in an affluent Berkshire village, the majority of business is local, within 25 miles, and there are very high levels of repeat and referred business providing evidence to the strong reputation that has been built up. The showroom works well as a shop window to entice people in, sales being typically in the range of a few hundreds of pounds to a few thousand. The bulk of the revenue, other than some more expensive furniture items, is derived from sales following consultancy where the usual range is from £2,500 to £15,000.
There are accounts secured with a comprehensive range of suppliers, giving access to a huge range of items to suit every taste and budget, many being exclusive locally and only available to accredited retailers. Examples include Designers Guild, Davidson, Osborne & Little, Julian Chichester, Colefax & Fowler, Zinc, Brian Yates and The Sofa & Chair Company.
This is an owner operated business so the buyer will need to have some interior design skills and experience. Turnover is currently approaching £300,000, delivering good profits, with many opportunities to embrace more modern marketing methods, particularly social media and e-commerce.
Offers in the region of £98,500 + stock at cost are invited, to include all assets, such as a huge range of fabric books, estimated at in excess of £30,000 in total, plus the goodwill and database that make this a genuine turnkey opportunity.
A full profile is available once a non disclosure agreement has been signed.
All enquires to Kevin Stokes at firstname.lastname@example.org City Business Brokers,111 Hagley Road, Edgbaston, Birmingham,B16 8LB Telephone-0121 452 5133 07775903332