Asking price: £300,000

Sales revenue: £457,410

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are delighted to offer for sale this exceptional blind manufacturer and retailer.

The business is in two parts, with 2 separate units. Unit one specialises primarily with business designs, manufacturing and sales of blinds for any type of vehicle including cars, lorries, caravans, coaches, ambulances, buses and trains.

The second part of the business specialises in sales of traditional blind manufacturer and retailer for principally domestic customers and offers Venetian, roller, vertical, wooden, pleated and roman blinds as well as curtains and awnings. This is part of the business is conducted in the second unit which is located approximately 10 miles away from the first unit.

They offer a complete bespoke service from survey, manufacture and installations to repair and servicing facilities.

The vendor has informed us that there is only one other blinds manufacturer in the UK supplying into the vehicle sector.

Overseas manufacturers have long lead times whereas our client can deliver within 2 days and work to a ‘just in time’ program.

The business offers short lead times for all its products and therefore has high stock levels of approximately £35,000.
Although the sale is of both parts of the business and units, the vendor has indicated that he may consider selling just one part of the business.

The business is fully equipped with all the usual plant and equipment

A full inventory is available on request


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Employees: The business operates with 6 full time and 3 part time staff, as well as our vendor

Trading hours: Unit 1: Mon – Fri: 8.15 – 5.00pm: Unit 2: Mon – Fri: 8.15am – 5.00pm, Sat: 10.00am – 1.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 8 years Remaining lease: 7 YEARS Review every: 4 Years Rent: £10,704 inc. all bills This lease is for Unit 1. Details of Unit 2 are available on request. We are advised that the annual business rates are currently: £TBC

Living accomodation
BUSINESS PREMISES Unit 1 - 2 x Offices - W.C & disabled W.C - Kitchen - Workroom area External Parking spaces for 8 cars. Unit 2 - Reception/Foyer - Showroom with displays, sample books and fabrics - Work area - Office & W.C External - Parking forecourt.

Location
Our client is ideally located on a small business park set in the heart of Leicestershire. The premises have an allocation of 8 car park spaces and there are plenty of spaces not currently used around the business park.

The area itself is best accessed by the M69 motorway which links the M1 at junction 21 and the M6 at junction 2.

Expansion potential
EXPANSION POTENTIAL Our vendor clearly has a very successful niche business but he believes that with the right experienced team in place, the turnover could be trebled within a few years. This would be achieved by approaching their existing customers to expand their own range as well as exporting.

Financing available
Please let us know if you require finance for the purchase of a business.

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