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BUSINESS REFERENCE : AE027 / RightBiz QUALITY DINING AND OCCASIONAL FURNITURE | | | | | | Importer, Wholesaler and Distributor of Quality Dining and Occasional Furniture For the retail market, hotels and corporate customers Confidentially offered for sale Ref No: AE027 Location: Bristol (Easily relocatable) Leasehold Asking price: £95000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Home Accessories & Furniture Shops | | SALE: | Agent Sale | LEASEHOLD: | £95000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business designs, imports and distributes furniture for the retail market. Specialising in quality dining and occasional furniture, the business imports unique ranges of distinctive furniture that combines classic and contemporary designs. The natural beauty of oak furniture combined with a variety of stone inserts, such as marble, granite and slate, ensures that this business has a niche market.
Although this is a very young business, it has grown quickly and is capable of very extensive expansion due to the outstanding nature of the products involved, all of them sourced from overseas. The business name, which is trademarked, is already well known by many of the UK’s leading furniture retailers and a huge amount of hard work has gone into getting it established in the market place. The owners have succeeded in a short space of time in ensuring that their brand is renowned for quality and service and this will act as a spring-board for further success for a new owner who is similarly minded. There are tremendous opportunities for development and expansion given the needed enthusiasm.
Many customers have been loyal to the business since its commencement and this is due to the pricing and quality of the products, as well as to first class service and attention to detail.
The business represents an excellent opportunity for an investor wishing to acquire an established foothold in this lucrative sector or to expand their own business.
Quality Control:
The business was successfully assessed to ISO9001:2000, ISO14001:2004 and OHSAS 18001:1999 in November 2007.
Customer Service:
The business places great emphasis on customer care and attention to detail and retailers are well aware of this.
Bespoke orders are also welcomed and handled with the same degree of efficiency. The owner considers that honesty and integrity are of paramount importance and the retailers that they supply are very appreciative of this.
Growth and Expansion:
There is huge potential to expand this business on a nationwide basis and it could be located anywhere in the UK.
It is currently operated from premises in Bristol where there is a well organised warehouse and showroom, but it could easily be relocated. One of the blue chip companies it supplies has indicated that there is tremendous scope for increasing the level of sales from the business if fresh ranges of furniture can be sourced and supplied to them. The owners have another business which they need to concentrate on, and they do not have sufficient time to spend on expanding the enterprise, which is now offered for sale.
Marketing:
A state of the art brochure has just been prepared and is ready for printing. It is felt best to hold back from running off any copies for the moment, because a new owner may wish to re-locate the business and therefore change certain details such as address and telephone/fax numbers etc.
The current owners recognise that investment in a company website designed to showcase the company products would be a valuable asset and would undoubtedly attract many additional customers, from both the private and retail sectors.
Premises:
The premises are leasehold and comprise a total of circa 8,000 Sq Ft.
The rent is £30,000 per annum and rates are £13,000 per annum.
Business Hours:
Monday – Friday:
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.
Sales revenue is circa £300,000 per annum.
Reason for Sale:
The owners wish to expand their other business.
Support and Training:
Support and training will be provided for a negotiated period of time | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AE027 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
