Asking price: £1,000,000

Sales revenue: £2,500,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This successful business was founded in 1976. The current owner has used a generous combination of innovative insight and entrepreneurial spirit to grow the business from its early days to become a significant and regionally famous enterprise with a reputation for the quality and variety of its beds and bedroom products, service and reliability.

The business enjoys nine prime high street locations in it’s region as well as an online store. and benefits from its retail offering in value for money and high quality beds, mattresses and accessories, providing first class choice and service of the best kind and has led this business to become a firm favourite with the area’s discerning clientele.

The welcoming, comfortable and extensive showrooms enjoy significant frontage with extensive window displays.

The products are displayed in attractive settings providing the customer with the fullest possible scope for choice. The business is further supported by exemplary supplier relationships that help to ensure that client service and product quality is never compromised and that customers receive the highest possible quality of product, service, leading to the existing high levels of return custom and can be retained by any new owner.

Employees: The business employs expert staff, who are fully trained in all branches.

Trading hours: Monday – Saturday 9.00 am – 5.30 pm Sunday 10.00 am– 4.00 pm

Location
All eight shops are situated in central locations, mostly in major towns. They have good access and nearby parking, with many having free customer parking.

Premises are leasehold, annual rent and rates TBC.

Expansion potential
The current market for this business’s products is stable and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market
The business has used local newspaper media advertising in the past and there are excellent opportunities to increase this to market the business more aggressively and to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation. The business has a detailed website, with plenty of product imagery and the potential for further development.

Support & training
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling
The current owner wishes to sell the business due to other business commitments.