Retailer of Soft Furnishings and Blinds For Sale

Business description

Sales memorandum
Established Retailer of Exclusive Soft Furnishings and Blinds
Confidentially offered for sale
Location
South West
Business profile
Established in 1994, but with 10 years previously retailing as a sole trader, this thriving business has twenty years of experience in the soft furnishings market.

Operating from a superb well-appointed showroom, this specialist business offers exclusive fabrics, with a most comprehensive list of products and services.

This business offer bespoke made-to-measure curtains, valances, pelmets, tiebacks, swags & tails, cushion covers, fabric blinds, roman blinds, Austrian blinds, festoon blinds/London blinds, throw-overs, bed spreads, bed headboards plus lots more, making up curtains using brand name UK fabrics to a very high standard, working very hard to make a very comfortable and secure customer experience.

With a professional, modern image the business has built up an excellent reputation for quality innovative design, and has one of the most extensive ranges of distinctive fine fabrics and blinds in the area.

The business has established an extensive client base of loyal customers who use the professional fitting and measuring service, regularly carrying out extensive fitting jobs for private customers. Many lucrative contracts with various businesses that require their own special style of service have also been established.

The operation is very efficiently run offering customers an excellent service on all stocked fabrics, the business also supply swatches and pattern books on request. Stylish cut-length display stands have proven to be an extremely good selling device, enabling a meter of every design and colour to be displayed. It allows the easy introduction and discontinuation of any fabrics displayed, and provides an excellent opportunity to be the basis of the business's "shop window" into the retail trade, helping customers to decide what is best for their home.

This unique retail stores offers a wide variety and have all the know how to make a room look really stylish or to dress the perfect window, creating a fresh new look for their customers The exclusive ‘Work Around a View’ designer program allows customers to see just how well selected fabric swatches match with their existing room colours.
Financial information
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with no borrowings, low overheads, positive cash flow, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.

Sales revenue is circa £900,000 per annum, with a gross profit exceeding £400,000 per annum.

Property information

Location:

Premises
The leasehold premises are located in an established high street position in a thriving, lively and friendly community. The well-designed showroom is double fronted with excellent display windows in a highly visible position that welcomes customers to come in and browse.

There are excellent parking facilities at the rear of the showroom, with a free car park.

Business Hours: Monday to Saturday: 9.30am to 5.30pm

The business would benefit from Sunday opening.

The Business premises are owned by the Director and are available by rent, lease or freehold by separate negotiation.

Other information

Expansion potential:

Key opportunities
This firm maintains an extensive base of satisfied clientele, who appreciate and expect superior service. There are many excellent avenues for growth, especially within the supply and fit market. This would be achieved with additional staffing and further promotion within the appropriate market sectors. With a strong demand for services and capacity to double turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.

Growth and Expansion
There are many further areas in which the business could expand. An increase in business could be obtained by employing sales representatives or agents. A sales force would have a fantastic opportunity to obtain new business by direct interaction with potential clients.

Competition / Market:

Advertising and marketing Yellow pages, Yell.com and the finest form of marketing, word of mouth recommendation are used to advertise and market this business. There is vast scope to generate further income by expanding the current methods of advertising. The business maintains a strong client rapport, valuing customers and striving for the best in client service and client retention. The business regularly informs clients of all the latest products and offers available by mailing a free company newsletter. The company has a very informative and user friendly Internet website, offering full company information and showroom photographs.

Support & training:

The vendor is available for a full business familiarisation and training period

Reasons for selling:

A stage has been reached where the owner wishes to take early retirement and is offering the business for sale not only as a going concern, but also with further significant growth potential.

Related documents:

• Full details and confidentiality agreement