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BUSINESS REFERENCE : GK77 / RightBiz RETAIL/INTERIOR DESIGN BUSINESS OFFERING CURTAINS, BESPOKE SOFT FURNISHINGS FABRICS SPECIALIST WALLPAPERS, BLINDS, PAINTS AND LIGHTING. | | | | | | Retail/Interior Design Business Offering Curtains, Bespoke Soft Furnishings Fabrics Specialist Wallpapers, Blinds, Paints and Lighting. Ref no: GK77 Confidentially offered for sale Location: Tameside, Greater Manchester on the M60 Corridor Asking price: £180,000 Turnover circa: £270,000 per annum Gross profits circa: £90,000 per annum Superbly presented long leasehold, corner shop with excellent signage and extensively glazed display windows, with 2 sales floors, cellar, upper storage room. The Shop is ideally located on the thoroughfare between the car parks and market place and in a distinctive corner of the "old town" in a prominent, highly visible corner trading position, close to the zebra crossing, Marks & Spencer and other multiples. The Business has an established Database of over 1500 clients. | | | BUSINESS LOCATION: | Undisclosed Manchester UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Home Accessories & Furniture Shops | | SALE: | Agent Sale | LEASEHOLD: | £180000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business was first established in 1979 and since this time has earned an excellent reputation for prompt and courteous service, expertise in the industry, selection and variety of quality merchandise, friendly and helpful staff, convenient hours and location
This business maintains an extensive base of satisfied customers from both private and commercial market sectors, from all walks of life and spanning generations.
The business specialises in supplying fresh and innovative soft furnishings, interior design, wall coverings and lightings.
The Business benefits from manufacturing its own soft furnishings, curtains/pelmets/blinds etc), thus enabling a service of design, supply and manufacture from concept to completion, holding pole position for the supply of the major luxury wallcovering/wallpaper manufacturers/distributors.
The business is also able to supply many interesting and exclusive products for interior decorating and offer interior advice, ensuring that the client receives unrivalled attention and professional decorating advice.
The businesss name has become synonymous not only with unsurpassed range of superb fittings and designs, but also with the friendly and efficient service it offers all of its clients.
The lighting and soft furnishing that the business offers fits in with modern living and offers the client affordable quality and a level of luxury and style. The owners have been in the business for many years and are able to ensure they offer only high quality products.
The business has an excellent database of discerning and discriminating individuals of good taste and style, with clients throughout the local area.
Customer Service:
Personal and friendly service
Commitment to providing a quality service
Industry knowledge
Thorough and efficient service
Able to pinpoint goods whereabouts
Quality inspection and control
Careful attention to detail
Excellent response times to queries
Key Strengths:
Home Visiting Service
Individuality of styles available
Bespoke design service
Own workshop manufacturer
Complete fitting service
Friendly local business
Strong Demographic profile of ABC1 within 5 mile radius
Buoyant housing market
Affluent area
Superb location
Personal service
Excellent working relationships with clients and suppliers
Solid customer base
Excellent location
Professional service
Excellent Website
Loyal and dedicated staff
Key Opportunities:
Scope to increase market
Opportunity to further staff
Opportunity to expand a well known existing business
Excellent opportunity to expand premises
Opportunity to increase the catchments area
Scope to develop franchises
Interior Design service
Growth and Expansion:
The Company offers no credit facilities within its current terms and conditions, introducing this facility would greatly increase the amount of orders placed
An immense opportunity exists to build on this unsurpassed reputation and implement further and more assertive methods of advertising to expose the business to even greater markets.
Various methods could be used in this regard, including the local press, a direst sales force, trade exhibitions, leaflets, brochures, direct mail or a telesales initiative.
This is a terrific opportunity to build on the existing products, services and customer base of this business.
The current customer base could be further developed for marketing purposes and financial advice and loans for customers could be provided, this could also increase sales and provide commission income.
Advertising and Marketing:
The business has built up an excellent reputation, enjoying a high level of repeat orders. Minimal advertising is undertaken and much of the new business is generated from trade awareness and the finest form of marketing, word of mouth recommendation.
This method is used to maintain strong customer based relationships, having established a deep trust and rapport by valuing the customers and striving for the best in customer service and customer retention.
The business has recently established a professionally designed website with excellent potential to increase turnover in the future.
Premises:
Lease terms: The vendors owns the freehold and are prepared to grant a new full repairing and insuring lease at terms to be agreed
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with no borrowings, low overheads, and positive cash flow, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits. Turnover is circa £270,000 per annum with gross profits circa £90,000 per annum.
The asking price includes
The signwritten and distinctive van used for carrying tools tools, goods and samples.
Sample books and hanger displays with a value in excess of £10,000 which have been updated annually.
Computers, laser printer, fax machine and many other items.
Employees:
Providing a friendly working environment for its employees and striving to develop their individual strengths the business offer good value for clients and fair rewards to its owners and employees. The most important resource of any business is its people. The business employs a team of dedicated and motivated staff comprising two machinists, fitter and two full time shop assistants.
Reason for Sale:
A stage has been reached where the owners wishes to retire and is offering the business for sale not only as an organically expanding going concern but also with further significant growth potential.
Support and Training:
The owner will provide full business familiarisation, training and handover. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GK77 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
