Asking price: £250,000

Sales revenue: £400,000

Net profit: £90,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established 15 years in Yorkshire, this business is relocatable,very profitable and can be run from home. Turnover in 2008 will be in the region of £400,000 at a gross margin of 58%.

The Company trades nationally with emphasis in the south east and has a blue chip client base with 20-25% repeat/referral business each year.

The product is represented by a high quality 12 page colour brochure,DVD presentation disc and an excellent website. The general image, advertising proposals and brand is first class. The premier product area is in bespoke fitted home study/office furniture. Clients are mostly business principals, professionals, academics and retirees in a high income bracket.

Manufacturing is outsourced and reliably produced to a precise standard and specification.

The ideal purchaser should have direct sales experience and/or experience in furniture design/planning. A cabinet manufacturer with quality standards and a good marketing mind would discover this as a perfect product opportunity in an expanding area of the furniture industry.

The owner is retiring but is willing to retain a shareholding initially and provide transition assistance for a limited time.

Years established: Fifteen

Employees: Owner and two part time

Trading hours: NA

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Location
Can be manufacturing based or run from home with manufacturing outsourced

Expansion potential
Exceptional expansion is possible for an energetic owner with a team capable of producing around £500,000 per sales person. There is a Corporate potential that has not been exploited in recent years, and the possibility of other products for the executive office,boardroom, reception areas etc. In the home there are expansion areas into home cinemas and bedroom furniture.

Competition / Market
Only four or five national competitors advertising in the same way and in similar media. These competitors are self manufacturers without many of the unique features of this Company.

Support & training
There is a complete package of training, support and ongoing mentoring available

Reasons for selling
Retirement and fading health

Financing available
Financing could be arranged dependant upon applicant