Furnishing & Int Design For Sale in Newcastle upon Tyne

Newcastle upon Tyne, Tyne and Wear

Status

FOR SALE

Date Submitted:

27/07/21

Advert ID

280244

Reference

586719 / Rightbiz
Leasehold: £150,000
Annual Turnover: £1,000,000
Interior Design Business in the North of England for Sale.

This has to be one of the North of England’s leading and best known interior design businesses and rarely do opportunities of this calibre reach the open market. Annual Turnover £1,000,000. Our clients established the business in the 1990s and has an unrivalled reputation for top end, high quality projects in private homes, bespoke hotels, commercial projects and in particular show homes for a number of national new house builders. The business is operated from a beautiful office suite with dedicated work room for the machinists and hand crafted finishers, open office, private office, staff room and WC. In addition there is separate warehouse storage and easy parking. The premises are offered with a new lease with low overheads, alternatively the business could be re-located if required. Pre-Pandemic the business achieved a turnover well in excess of £1m per annum with adjusted net profits of over £200,000. This is a very strong business with a good management and staffing structure in place. Only well-deserved retirement is the reason for this exciting opportunity coming to market.
Stock £10,000.
Contact Agent
Advert Reference:
586719 / Rightbiz
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