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Curtain and Blind Retailer and Installer in Warwickshire with 30 Years of Experience

Undisclosed, Warwickshire
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Well Respected & Profitable Curtain & Blind Retailer and Installer Photo 1
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Well Respected & Profitable Curtain & Blind Retailer and InstallerWell Respected & Profitable Curtain & Blind Retailer and Installer
  • Freehold: £89,950
  • Turnover: £340,000 (£6,538 per week)
  • Profit: £50,000 (15% Profit margin)

Key Features

  • Bespoke design services
  • Custom-made soft furnishings
  • Blind design and installation
  • Comprehensive service range

Business Details

Well Respected & Profitable Curtain & Blind Retailer and Installer

The business was founded nearly 30 years ago, before being incorporated into a limited company in the early 2000s.

Originally selling curtain tracks and poles, the product range has been extended over time to include manufactured blinds and then curtains. In the mid 2000s an additional revenue stream, was added, selling pre-loved curtains.

 The business operates from a 2 storey leased premises on the edge of the Cotswolds, servicing the North Cotswolds, Warwickshire and Oxfordshire. The ground floor houses the main showroom, including hundreds of material sample books and poles / tracks, while upstairs houses the 2nd hand curtain display, and sewing and work rooms.

The business has been operated by the current owners for about 10 years, running it with the help of 2 employees and 2 part-time subcontracted personnel. Having weathered Covid, sales now exceed pre-pandemic levels – the desire for clients to discuss their needs, see, touch, and feel and experience an enjoyable buying experience, remains alive and well.

The Company delivered revenues of c £340k for the previous financial year and is forecasting similar for the current year, delivering earnings before drawings for a single owner of c £50k.

Having run the business for nearly a decade, both owners are of retirement age and therefore seeking to transfer the business into new ownership. The guide price for assets and goodwill is £89,950 (including van). The vendors are keen to ensure a successful transition and will support any reasonable handover request.

 

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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.

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