Curtain And Design Shop In West London For Sale

Business description

Located in high street position in sought after area of West London. The owner has built up a fine reputation for providing a quality product and personal service at competative prices. Full range of soft furnishings supplied and produced by outworkers. Accounts to support turnover of £270,000 pa with a reconstituted net profit of c£50,000 pa. Ground floor shop. Rent £25,000 pa.

Property information

Property:

Leasehold

Location:

Location
Sited in a High Road position in a sought after, upmarket area, of West London attracting trade from the local area and surrounding districts.

Business
Supplying bespoke Curtains and Blinds individually made to measure. This business has been established on this site for many years having built up a fine reputation in the area for supplying a quality product, with a personal and competitive service. The company also supply made to measure soft furnishings including cushions, loose coves, bed throws and treatments, loose sofa covers, plus curtains linings and accessories.

All work is carried out off the premises with outsourcing of curtain manufacture and blind suppliers. The fitting of the curtains and blinds is also outsourced and paid for directly by the customers, the costs of which are therefore not included in the accounts.

Turnover for year ending April 2010 - £237,150 working on a gross profit of 48% (approx. 50% for curtains and 40% for blinds). The reconstituted net profit is in the region of £48,000 per annum. Year ending April 11 accounts currently being prepared and anticipated turnover c£257,000 working on a reconstituted net profit iro £50,000.

Hours
9.30am - 5.30pm Monday, Wednesday, Thursday, Friday and Saturday. Closed Tuesday and Sunday.

Staff
Owner operated with the assistance of 2 part time members of staff in the shop.
All manufacturing is outsourced.

Premises
End-terrace, Ground Floor, lock up shop, glass frontage and painted signage.

Interior retail area: Carpet flooring, sofas and sample displays with counter to the rear.
Storage area, cloakroom and kitchen to the rear of the premises.

Tenure
New lease to be granted to incoming tenant. Anticipated rent £25,000 per annum. Rates and Water c£10,000 per annum.