Distributor of Quality Dining and Occasional Furniture Business For Sale

Business description

Asking Price: £170,000 Including circa £50,000 of stock

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.

Property information

Location:

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.

Other information

Expansion potential:

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.

Competition / Market:

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.

Support & training:

Support and training will be provided for a negotiated period of time.

Reasons for selling:

The owners wish to expand their other business.

Trading hours:

Monday – Friday:

Inventory / Stock value:

£50,000

Contact the seller

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