Summary
- Asking price:
-
£95,000
- Sales revenue:
- £200,000
- Net profit:
- Available on request
Business description
This business has been established since 1989 and is a successful designer, manufacturer, installer and retailer of bespoke window blinds with a very good reputation in the region. All of the blind materials are from top quality manufacturers who give excellent after sales support and the benefit of volume discount, with little local competition undercutting prices.
The business manufactures and retails most high quality and value for money brands, and provides a complete service for residential and commercial customers requiring a fitted, hand made service throughout the area.
Since its inception this family business has earned an impeccable reputation for it’s after sales service and the quality of blind components, knowledgeable, skilled staff, convenient hours and competitive pricing. The Company continues to prosper from the very large local clientele with plenty of regular repeat business being obtained.
The aim of the business is a traditional one, to provide value for money and outstanding quality and service. Flexible and personal advice is offered to all clients, quotes are inclusive of everything from bespoke manufacture and fitting if required to any extra accessories.
Property information
- Location:
- There is a fully renewable twelve year lease in operation which expires at the end 2008 which gives the opportunity to renegotiate a new lease or to relocate the business if desired. Current rent is £13,000 per annum with five yearly increases and business rates payable of approx. £4,800 per annum.
The premises comprise of a fully equipped showroom for blinds and curtains with a workshop to the rear and an up and over door for loading / delivering. There is also a mezzanine above providing office and storage space and all usual amenities to the premises which also benefit from a 3 phase electricity supply.
These are located in a small business park with parking and in easy access to a large local area and all the major roads therein.
Other information
- Expansion potential:
- This business offers an excellent opportunity for the successful buyer who is seeking a well-established business with the capacity to increase turnover, possibly expanding into other satellite locations and developing new regional markets.
This business is based in an attractive location and could certainly achieve increased sales and profits. The business would ideally suit an owner/manager who could build on this Company’s excellent reputation and relationships with both customers and suppliers.
The Company maintains an extensive base of satisfied customers, sales continue to grow, and with additional staffing and further promotion within the appropriate market sectors, would offer this financially attractive business even more upside potential.
- Competition / Market:
- Whilst a very large volume of business is generated from constantly returning customers and referrals, thee last year has seen improving results from expanding local advertising vehicles, such as the Parish Magazine which could be exploited still further in addition to Yellow Pages and Thomson’s directories. The website, recently modified to be interactive holds massive potential also.
- Support & training:
- The owner is happy to provide a handover period for the new owner and will offer support on afterwards as well as introducing the new owner to suppliers and clients where appropriate.
- Reasons for selling:
- After many happy and successful years trading our client now wishes to retire to the south coast area.