Surrey Home Improvement Retailer & Design Advisory for Sale
Undisclosed, Surrey
- Status
FOR SALE
- Date Submitted:
26/09/22
- Advert ID
500870
- Reference
B07060 / Rightbiz
- Call Agent:
- Leasehold: £125,000
- Turnover: £425,673 (£8,186 Per week)
- Net Profit: £91,087 (22% Profit margin)
Business Details
Extremely Well Established Interior Design Business For Sale
BusinessPlease quote reference B07060
Established in 2010, the company is based in Banstead, Surrey, it provides a home design advisory service, supplying and fitting curtains, blinds, poles and tracks, wallpaper, paint, furniture, lighting and other accessories. Based on a main thoroughfare in Surrey, the company has developed relationships with a number of expert suppliers and manufacturers for the fulfilment of clients’ orders.
Priding itself on its high standards of customer service, proactivity and creative interior design solutions, the company enjoys an exceptional reputation in the market, with uniformly positive reviews online and an average 4.6 Google rating. The company has also been endorsed as a Which Trusted Trader. With an annual turnover of circa £358,250, the company benefits from an excellent sales record, and has fulfilled a number of high-value contracts, including a £100,000 order for the AXA head office in London in 2021.
The company has a number of important gains to offer the prospective purchaser, including:
- Impeccable reputation in the market, with no competitors in the vicinity;
- Established relationships with suppliers and makers;
- An excellent sales record;
- An experienced core team of staff;
- A repeat customer base, with 50% of all business representing repeat custom;
- Scope for growth, e.g. by developing a marketing strategy to generate leads and drive sales, or by expanding the company’s portfolio of services.
- Scope for growth.
- Potential to expand the company’s portfolio of services, by recruiting home improvement tradesmen;
- Opportunity to develop the company’s marketing strategy;
- Potential to open another showroom
Location
Interior Transformation Studio UK Ltd occupies a busy trading location on High Street in Banstead, Surrey.
Interior Transformation Studio UK Ltd has large catchment area, covering from South London (Putney, Balham) to Edenbridge to Fetcham. The catchment area is quite vast.
Banstead and surrounding areas (Kingswood being occupied by people with high disposable incomes) is very affluent.
Premises
The business occupies a double fronted premises along the busy High Street in Banstead.
Upon entrance to the business is the service area, where displays are set for curtains, blinds, furniture.
The premises has eye catching signage, and can be easily be recognised by passing drivers and walkers.
Tenure
We are advised that the business is being sold on a Leasehold basis, with 2 years remaining on the 15 year lease (Due to expire in January 2025). The rent is £19,000 per annum.
Our client has advised that the landlord will be happy to extend the lease for the new buyer.
Hours
The business hours are -
Monday – 09:30 - 16:30
Tuesday – 09:30 - 16:30
Wednesday - By appointment only
Thursday – 09:30 - 16:30
Friday – 09:30 - 16:30
Saturday - By appointment only
Sunday - Closed
Staff
We are advised that the business has 4 full-time members of staff. (Working days range from 2-4 days)
Financial Profile
We are advised that the business generated a turnover in the region of £358k in 2023. Further financials can be made available upon further request.
Please quote reference B07060
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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