Asking price: £40,000

Sales revenue: £180,000

Net profit: £30,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established in 2001 this business enjoys a prime location in a beautiful and busy Hertfordshire town and benefits from its unique offering in providing a turnkey service to customers, beginning with initial paid consultation through to the final implementation of a design solution making it a firm favourite with the area’s discerning and wealthy clientele, in this affluent Home County.

The business is well known and regarded by competitors and peers, considered a part of the fabric of the business community. The vendor has been involved in the business since its first days of trading and can offer considerable advice and information concerning all aspects of trading in the region. It is located opposite a private school and works closely with builders, decorators, architects, kitchen designers, cabinet maker and interior fitters. They are a stockist for Farrow & Ball wallpaper and paint and offer colour consultancy, soft furnishings, fabrics, floor layout, lighting and interior design.

The welcoming, comfortable and extensive showroom currently displays a range of fabrics and patterns, which are displayed in extremely attractive settings, providing the customer with the fullest possible context for choice.
The business is further supported by exemplary relations with key suppliers who have helped to ensure that client service and product quality is never compromised and that customers receive the highest possible quality of service, leading to the existing high levels of return custom. This commitment to suppliers and customers has underpinned this business’s abilities in service quality and sustained business success.
This is an excellent opportunity for a business seeking an opportunity to expand their current services into this region, or perhaps an owner manager choosing to take advantage of this established business, thus avoiding time consuming, costly and risky start-up conditions.
Customer Service:

This business believes its customers should experience service of the highest order providing highly rewarding levels of satisfaction each and every time they deal with the company. This level of satisfaction is fuelled by the highest quality of products and services being provided, backed up by a truly professional yet friendly, level of service. This is a business that seeks to work with clients, to achieve a full and satisfactory result that is accomplished through the honesty and expertise of the advice given.

Key Strengths:

Built on solid foundations this business has an excellent reputation for professional, friendly and helpful service and excellent, quality products. The current owner has achieved this by hard work and has an established, yet diverse, customer base, which is growing year on year through word of mouth recommendations and ongoing referrals. Not surprisingly this business can claim high levels of customer satisfaction.

Financial Information:

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.

The business has enjoyed growth year on year and current turnover is in excess of £180,000 per annum with a gross profit in excess of £75,000 and net profit of circa £30,000. The business is very stable, well established and has continued growth potential. This represents an excellent investment opportunity to a new owner.

Years established: 2001

Employees: The owner works full time and is assisted by part time staff as required. They also employ the services of a curtain maker and curtain fitter on a self employed basis.

Trading hours: Tuesday – Friday 10.00 – 4.30 Monday / Saturday 10.00 – 1.00

Property: Leasehold

Lease terms
There is a 2 year renewable lease in operation with a rent of £10,000 per annum and circa £3,400 rates payable.

Location
This business benefits from an excellent corner location opposite a private school and main car park. It has a modern curved shape, all glass around, facing the main road. There are two other private schools very close to the premises, with another car park to the rear.

Internally this is a light showroom with central island , which is fully fitted and has an office / storeroom and w/c facilities.
There is a 2 year renewable lease in operation with a rent of £10,000 per annum and circa £3,400 rates payable.

Expansion potential
The owners understand that the business is recognised for its quality of product, brand and choice and has been able to establish itself and capture a significant market share within the area served. More assertive marketing and brand investment, could acquire an even larger slice of the market to build this excellent business into an even bigger cash earner.

Competition / Market
The business has used limited advertising in the past and there are excellent opportunities to increase this and to invest further in its internet presence 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.

Support & training
The owner will provide a handover period and is happy to provide ongoing support thereafter.

Reasons for selling
The owner and partner recently parted and the owner now wishes to move on to pastures new.