Advert Details

Furniture Retail Store On Upper Street Islington For Sale

Details: Asking price:£260,000; Sales revenue:£820,000; Net profit:Undisclosed; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: A double fronted furniture retail store with 10 years of good will in the heart of upper street is regrettably up for sale as the owner has moved overseas.

General information: Years established:10 years; Employees: 3 employees; Trading hours: 10-7 monday to saturday 12-6 sundays; Property:Leasehold; Lease terms:13 years left of the lease; Location:It is a prime location at the heart of upper street operating between chain retailers such as carluccios, whistles, ghost, toast, fishworks, lombok and boutique stores such as after noah and diverse; Expansion potential:Improving the interior design side of the business, moving into contract work and opening in other locations all provide expansion opportunities; Competition / Market:There are a number of boutique furniure retailers such as after noah, aria and coexistence in close proximity and chain furniture retailers such as Lombok and Dwell; Support & training:a comprehensive list of supplierstogether with a manager with 7 years experience and an experienced interior designer who has worked for me for 6 years will all be on hand; Reasons for selling:the owner is forced to sell due to a move overseas