Leasehold Blinds Retailer And Installer In Derbyshire For Sale

Business description

We are delighted to place onto the market this lucrative Blind’s retail company. Our client has other business interests and now wishes to sell.

This business was established in 2005 and has enjoyed immense growth. The company provides quality made to measure blinds and also offers an installation service. The main success of the concern lies in its quality and service. It is the only local company in the industry which offers a 7 – 10 day installation and a 2 year guarantee on all products. It is one of the fasting growing companies in the UK within the industry and sales are set to soar.

In total there are presently 7 full time employees including 2 sales staff, 2 teams of fitters, 3 admin staff and 1 installer.

The company has become very well know in the area due to extensive advertising including the local radio station and in Burton alone there are over 2,000 customers.

Further there is a very up market web site which has prominent search engine optimisation and will shortly be completed. This very effective marketing has made the company the market leader in Burton and in Derby.

This very proactive company is set to achieve sales in excess f £500,000 and turnover will be over £1,000,000 within the next 12 – 18 months.

The company has its own distinct image and brand and specialises in modern contemporary lines.

There is huge scope to extend turnover and profits. This turnkey operation can easily be franchised and the next step is for a manufacturing wing to be created. This would increase profits hugely. There is also a very large commercial market which is largely un-tapped and there is a need to increase the infrastructure of the company.

This is an excellent opportunity to purchase a thriving concern which will become one of the UK’s largest growing companies within the industry.
Financial Details
The present turnover of the company is approximately £380,000 with a gross profit of approximately 73%. The projected figure turnover figures for 2009 are approximately £600,000. The turnover for 2006 was £115,000 and the turnover for 2007 was £250,000 so there has been huge growth. In terms of the salaries the sales are paid approximately £18,000 pa (2 staff) the fitting team costs are £28,000 pa; there are 3 administrative staff who are paid £10,000 pa and£12,500pa (2 staff) respectively. The only installer is paid £12,000 pa.

Property information

Property:

Leasehold

Lease terms:

Tenure: Leasehold

Derby Premise
Original Length 05 years.
Remaining: 3 ½ years.
Rent: £8,500 per annum.
Rates: £2,000 per annum.

Burton on Trent Premise
Original Length 03 years.
Remaining: 2 ½ years.
Rent: £15,000 per annum.
Rates: £4,200 per annum.

Location:

This superb business opportunity has two sites. The main headquarters is in Derby which is sited on a prestigious industrial estate. It contains many large home furnishing companies including B & Q and enjoys easy access. There is ample parking on site for customers. There is another retail premises in Burton on Trent which enjoys a prominent location, being on a corner plot in the town centre. The area is the main shopping area in the town and there is excellent local facilities including parking.

Premises details:

The Derby premise consists of a large industrial unit which is of brick and steel construction. There are shutters to the front of the premises. The entrance leads to a reception area with stone tiled flooring and is attractively presented. There is a large show room which is approximately 15ft x 25ft with blinds on show. Further there is an interview room which consists of a small conservatory. There are offices to the rear and there are further offices to the rear of the premises and a large storeroom. There is also a fire exit to the rear. The Burton on Trent premises is on a large corner plot and consists of a high profile unit. It is of brick construction and the showroom is approximately 40ft x 18ft with displays and a seating area for staff, further there is a kitchen and large disabled toilet.

Other information

Trading hours:

Opening hours on the Burton n Trent premises are: Mon – Fri: 10.00am – 5.00pm. Sat: 10.00am – 2.00pm
The Derby showroom opening hours are: Mon – Fri: 09.00am – 5.00pm. Sat 10.00am – 2.00pm.