Niche Chair Cover Hire Business With Excellent Potential | | Undisclosed Berkshire | | BERKSHIRE - RE LOCATABLE NICHE CHAIR COVER HIRE BUSINESS WITH EXCELLENT POTENTIAL Ran to suit lifestyle preferred supplier at 3 upmarket venues confirmed orders in place A/T: £17,809 Scope to expand PRICE: £23,000 +SAV REF: 9970GU | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 60512
ADVERT IMPRESSIONS : 9,458 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Hire Business | | SALE: | Agent Sale | ASKING PRICE: | £20,003 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business, which is currently run from the vendors home, is ideally located in an affluent area of Berkshire which is known as the golden triangle
It has excellent road links with the M4, M3 and the M25 all nearby
HISTORY
The business was founded by the present vendor over 6 years ago
REASON FOR SALE
The business is only now being reluctantly offered for sale as the vendor wishes to retire and spend more time with her grandchildren
SERVICES
The principle activity of the business is the supply and fitting of chair covers and sashes at special events such as weddings, balls, christenings, proms, anniversaries, parties etc
The covers are available in either linen or polyester and in white, ivory or black. The sashes come in 2 different widths and in numerous colours. All items are laundered after use
They also offer a napkin tying service and can supply place and table names, gift boxes, favors and other accessories
Top tables can also be dressed
CUSTOMERS
The business has preferred supplier status at 3 upmarket venues where many events take place on a regular basis
Approx 90% of events are within a circa 25 mile radius of the vendors home
STAFF
The vendor currently works alone in the business with the occasional help of her husband for approx ½ day a week
TRADING HOURS
The vendor works full time in the business but hours to suit her lifestyle and those required by her customers
FINANCIALS
2010 2009
Sales £17,809 £28,665
Net £ 9,619 £13,719
Stock Holding: circa £22,000
The vendor is happy to work with a new owner during a handover period.
PREMISES
The business is currently run from the vendors home and would therefore need to be re-located
It does however, require the space, which is the equivalent to approx the size of a single garage for the storage of stock
STRENGTHS
A well established business which has been trading for over 6 years
A low overhead business which can be easily run from home
Preferred supplier at 3 upmarket venues
The business has circa £13,000 of confirmed orders which is steadily growing
TENURE
Run from home
Fully re-locatable
SCOPE
The business has tremendous potential to increase both sales and profits in the future by:
Expand the working area beyond the current 25 mile radius
Attend more wedding fayres, which are the main way in which the business advertises
Approach more venues to offer the service
Invest in good laundry equipment and do the laundering yourself, which would save a minimum of £6,000 per annum
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9970GU / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
