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Soft Furnishings Business For Sale

(Ref: 16161)

Leeds, West Yorkshire, United Kingdom

Financials

Asking price: £25,000

Sales revenue: £75,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Photograph of this business for sale
 

Business description
The business is long established, and has been under the ownership of our client since January 1997. It has developed what we are advised is a strong local reputation for quality and service. The business predominantly offers made to measure curtains to the domestic market. Orders are prepared by local companies on behalf of our client. The business also offers a range of blinds and other soft furnishings. As there is no ‘in house’ production (all products are manufactured off site), the business is easily managed, allowing our client to concentrate on sales. All fitting is done by a self employed fitter whose services are booked through our client, although no profit is gained from this service.

Years established: 12

Employees: The business is operated by our client alone

Trading hours: Monday - Saturday 10.00am – 5.00pm Wednesday & Sunday Closed *Our client also closes the business during the summer and at Christmas for a total of around 4-6 weeks per year

Property: Leasehold


Lease terms
We are advised that the property is Leasehold. Rent £7,000pa Rates £2,450pa

Location
The business enjoys a prominent main road position close to the centre of Leeds. The area is densely populated, providing the business with a strong foundation of good regular trade. The location also sees a high volume of passing traffic which also serves the business with a healthy level of passing trade. There is parking to the front without restriction. The business generally serves customers in the greater Leeds area, with our client choosing not to source business from further afield.

Expansion potential
Our client feels that scope exits to increase trade by actively advertising locally to attract new customers. This could be aimed largely at the domestic market, but also at the commercial sector, which has been largely untouched. There is also scope to manufacture some products and bring fitting in house, to reduce costs

Reasons for selling
Retirement


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