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Norfolk Freehold Interior Furnishings Business For Sale

(Ref: AG095)

Norfolk, United Kingdom

Financials

Asking price: £675,000

Sales revenue: £230,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

The sale of this business represents a superb lifestyle opportunity for the new owners. This extremely well established interior furnishings business comes to the market on a Freehold basis, complete with lovely regency 4-Bedroomed owners residence. The business is located in an increasingly affluent area of this lovely county, and has been offering its services over a very extensive 34+ years, although the principals generic experience stretches back much further.

The company has traditionally offered a more comprehensive range of products and services than is usually seen in soft furnishing outlets. Their product offerings include:-

• Furniture
• Curtains
• Carpets
• Wallpapers
• Lamps
• Pictures and Mirrors

Also, being part of a buying group has allowed the owners to offer competitive pricing to the bigger box stores whilst still retaining the prized virtues of experienced and personal service, plus high levels of customer satisfaction.

The large property is semi detached and brings ample benefits to both the business and the personal accommodation. The business benefits from having 5 x Showroom areas on the Ground Floor plus a large Workroom and Storage area upstairs and ample off street parking to the side. The various areas of the showroom have been themed to reflect varying trends, and the business complete with its large sample offerings is turnkey ready.

The personal accommodation is quite extensive and includes:-

• 4 x Bedrooms (The Master is En-Suite with a Dressing Area)
• Family Bathroom with separate Toilet
• Lounge
• Breakfast Kitchen
• Dining Room
• Garden (fully enclosed by 6 foot wall)

This business offering offers a combination of a solid trading platform built over many years, plus the benefit of being Freehold, a combination which is becoming rarer and more sought after in today’s commercial marketplace.

Interest levels are expected to be high for this offering and an early inspection is recommended.
Equipment:

The business owns and maintains a comprehensive inventory of samples, machinery, fixtures and fittings etc.etc. All such inventory is expected to form part of a successful sales package.

Customer Service:

As previously mentioned, the business has built an enviable reputation over its many years of operation, and now provides a solid foundation for new owners with fresh energy and ideas to carry the business forward to new levels of business performance.

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.

Employees: The business currently employs 4 full time staff (inc. the 2 owners), plus other trusted sub contract external staff.

Property: Freehold


Location
The premises have been described previously. Combined rates for the two elements of private accommodation and business premises are believed to be circa £3,150 per annum.

Expansion potential
Although the business performance already existent may be deemed satisfactory by many, it is felt that further opportunities exist in the commercial contract sector, an area currently untapped. Also, the new owner may feel that by increasing advertising and marketing some direct business benefit may be derived, due to the low levels of marketing currently undertaken.

Competition / Market
As mentioned previously, advertising has been somewhat low key, with insertions in local Charity Booklets being the extent of the company’s marketing outreach. The company has, however, developed and maintained an Internet Website, and this could provide the springboard for the new owners marketing campaign.

Support & training
Full support and any necessary training will be provided during handover as part of a successful sale package.

Reasons for selling
This is a genuine retirement sale.


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