Asking price: £450,000

Sales revenue: £411,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The company was formed by our client in 1987 and serves as a specialist decorative lighting supplier/distributor, offering a wide range of high quality lighting furnishings. The collection ranges from classical to contemporary pieces and includes table lamps, floor and wall lights, chandeliers, and lampshades. Products are supplied to high quality retailers, interior designers, and contractors located throughout the UK. Scope remains to further increase turnover through increased marketing, direct sales to end users, and mail order and e-commerce facilities.

Years established: 22

Employees: The company is currently run full time by our clients alongside 2 warehouse staff (full time), and additional staff as and when required. The company has also employed a sales/marketing executive, historically

Property: Freehold

Location
The company currently operates from a modern lock up industrial warehouse and showroom unit set within a small industrial estate. The area is conveniently accessed from the M1 and is therefore well placed to serve clientele from a variety of regions. As clients are currently located throughout the UK, the company could also be relocated with relative ease if preferred.

Expansion potential
• Active and direct marketing/advertising campaigns • Promotion of business website and internet search engine optimisation • Introduction of e-commerce facilities • Mail order/catalogue introduction to encourage direct to end user sales

Reasons for selling
Retirement