Unique Interior Design Business & Furniture Manufacturing Company For Sale

Business description

Unique Interior Design Business & Furniture Manufacturing Company for Corporate and Residential Sectors Flooring, Curtains, Soft Furnishing, Wall Coverings and Lighting

Established 30 years this unique interior design business & furniture manufacturing company covers everything a client requires, from initial concept drawings to final positioning of upholstery and fabrics. Having clients from the corporate and residential sectors this is a one stop shop for flooring, curtains, soft furnishing, wall coverings and lighting, plus the company designs framed chairs and gets them upholstered to client specifications, using only quality fabrics.

Understanding clients needs is something the company prides themselves on and therefore offers a bespoke service, ensuring that nothing is off the peg and that a unique product is delivered with workmanship of a truly high standard.

The business has grown steadily over the years and has established an excellent reputation for quality of workmanship and high levels of customer service, the business has the expertise needed to project manage every aspect and design to suit the location, the budget and the client. These skills have contributed significantly to it having built an extensive base of repeat blue chip clients. The impressive corporate portfolio includes hotel receptions, bedrooms, function rooms, reception areas and bars and bistros.

With turnover in recent years consistently in excess of £1 Million, this is an excellent opportunity to acquire a very well established and profitable business.

Equipment:

Computerised design and up to date accounting systems are used in the business.

Customer Service:

Excellent personal relationships are developed with customers over the lifetime of a project, with no job too large or too small! From design to completion a high standard of customer service and after sales service is considered crucial. This business does everything possible to enhance its excellent reputation, working very closely with clients to meet and indeed exceed their expectations.

Key Strengths:

This long established business operates from a very high profile retail location, promoting constant awareness amongst local residents and shoppers visiting the area, plus having additional design and manufacturing offices with showroom.

Established for thirty years, the experienced staff have long company service and excellent skills and have helped to build a superb reputation for combining design flair and furniture manufacture, this, along with the versatility it offers ensures a steady stream of customers. The wide range of services provided generates a good range of income streams.

Financial profile:

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.

Turnover circa £1.1 Million per annum
Gross Profit circa £383,000
Assets circa £300,000.

Property information

Property:

Leasehold

Lease terms:

Leasehold the premises have a new 5 year lease at £1400 per month. The business rates are £500 per month.

Location:

The business operates from an excellent prime retail shop in a busy shopping centre. The glass fronted shop is attractive and modern, enticing customers to view the products. Leasehold the premises have a new 5 year lease at £1400 per month. The business rates are £500 per month.

The business also runs from leasehold manufacturing/ office premises. Having occupied the same premises for 24 years the vendor has now downsized to smaller premises on the same business park as their accountants have advised that this could save the business circa £60,000 per annum, without compromising standards.

These premises comprise of ground floor show room, sewing room, upholstery and furniture repair room. There are also offices and staff facilities.

Other information

Expansion potential:

More business could be undertaken, the company has the capacity to increase output and profitability, the large client base has definite potential for added repeat business. Additional work could be gained if the company tendered for it, possibly targeting the fire services, hospitals and schools.

Competition / Market:

Well established, the business does little by way of advertising, relying on the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for competitive pricing and high levels of quality workmanship. Any advertising this business does is fairly limited to yellow pages and in the past advertising in hotel magazines. Possibly the most effective advertising is its shopping centre location with high footfall and its professional company website, which showcases the quality products and services on offer.

Support & training:

The vendor is happy to provide support and training for the new owner for a negotiated period of time or alternatively would be happy to stay on a part time basis.

Reasons for selling:

Retirement, to take life a little easier.

Trading hours:

Design business & manufacture
Monday – Friday: 09.00 am – 17.00 pm

Retail Unit
Monday – Wednesday & Friday: 09.00 am – 17.00 pm
Thursday: 09.00 am – 18.00 pm
Saturday: 10.00 am – 17.00 pm