Reproduction & Interior Design Business In Bedfordshire For Sale

Business description

The particular highlights of the business are:
- Ideally located concern offering an excellent lifestyle.
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £245,000 with a net profit of £57,723. (See financial summary below). This is very impressive considering the credit crunch.
- A business with great potential to increase turnover and profit.
- An easily run operation.
- Good loyal highly skilled staff who work on a self employed basis.
- A good first time buyers business for a budding and ambitious interior designer.

History
Phoenix Business Transfer Agents are delighted to place onto the market this Reproductions & Interiors business which has been established since1993. The business has been in the hands of the current owner since 1993 and she now wishes to sell due to retirement.

Services
This very good business opportunity provides a full interior design service from stately homes, hotels and manor houses to large and domestic houses.

Staffing
The concern employs five highly specialised staff who are contracted on a self employed basis (curtain makers and textile designers). All staff would stay on after a sale.

Owners Role
The owners’ role is design and project manager and works Monday to Friday and on Saturdays by appointment only.

Marketing
The owner markets the business in various magazines including Bedfordshire Lifestyle and has a website.

Competition
As far as competition is concerned is none in the immediate area.

Market
The client base consists is local, national and international with clients in France and Australia.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line to include more carpets and contemporary textiles.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With an enhanced website.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Property Details
The property is at the end of a terrace and has three floors. The front is branded with an attractive glass front. The main customer service area is carpeted and has many examples on display with shelving and racking to the walls, in the service and reception area there is an extensive and highly valuable collection of textile sample catalogues. It is extremely well presented and conveniently laid out.

On the upper floors there is a work shop and store room. There are a toilet and staff facilities and a fully equipped kitchen.

Equipment with sale
All fixtures and fittings and equipment are included in the sale price.

Ground Floor
On the first floor there is beautifully laid out and well presented showroom with a reception/office area towards the rear.

First Floor
On the first floor there is a fully equipped work shop where bespoke curtains and cushions etc. are manufactured.

Second Floor
On the second floor there is a spacious store room where an extensive range of textiles are stored.


External
To the front there is a graveled area with free parking for up to four vehicles.
To the rear there is a small yard.

Financial Details
The present turnover is £246,676 per annum with a gross profit of £96,063 and a net profit of £57,723. The present value of the stock is £8,448.

Property information

Property:

Leasehold

Lease terms:

The original length of the lease was 5 years with 2 years remaining. The rent is £9,500 pa with a review in 3 years. The lease may be renewable or negotiable for longer term if required. The rates are £1,991 pa.

Leasehold rent:

£9,500 per annum

Location:

- Situated in a highly picturesque and up market village in Bedfordshire near to Milton Keynes
- Prominently located near main arterial roads
- Part of a beautiful Georgian village centre
- Excellent parking facilities nearby
- Area of historic architecture containing chic restaurants, great pubs and a variety of specialist shops.
- Surrounded by beautiful countryside.
- Local population consists of wealthy commuters and professional people.
- Area offers exceptional lifestyle and is a perfect setting for this type of business.
- High levels of passing trade
- Good volumes of traffic and pedestrian flow
- Commercially thriving area
- Well linked with the M1, A5 and A421.

Premises details:

The property is at the end of a terrace and has three floors. The front is branded with an attractive glass front. The main customer service area is carpeted and has many examples on display with shelving and racking to the walls, in the service and reception area there is an extensive and highly valuable collection of textile sample catalogues. It is extremely well presented and conveniently laid out.

On the upper floors there is a work shop and store room. There are a toilet and staff facilities and a fully equipped kitchen.

Equipment with sale
All fixtures and fittings and equipment are included in the sale price.

Ground Floor
On the first floor there is beautifully laid out and well presented showroom with a reception/office area towards the rear.

First Floor
On the first floor there is a fully equipped work shop where bespoke curtains and cushions etc. are manufactured.

Second Floor
On the second floor there is a spacious store room where an extensive range of textiles are stored.

Other information

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line to include more carpets and contemporary textiles.
• Becoming more efficient with staffing levels.
• Working more hands on hours and saving on wages.
• With an enhanced website.

Competition / Market:

As far as competition is concerned is none in the immediate area.

Support & training:

The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Reasons for selling:

Retirement

Trading hours:

Monday to Friday: 9 am to 5 pm.
Saturday: by appointment only
Sunday: closed