Furnitures Retailer With Three Retail Outlets For Sale

Business description

Established in 2000 this company has both established and bought a total of three retail outlets in prominent and affluent areas servicing the upper end of the retail furniture market. They have combined practicality, style and affordability, mixed contemporary with classic, eastern with western and have come up with a unique and satisfying collection. The stores are staffed with a passionate and knowledgeable team who guide, inspire and assist clients in complementing their products with customer’s individual taste and style.

All lines and product ranges are carefully selected and imported from leading design houses and manufacturers, many of which are exclusive to the company. Wooden products come from either renewable sources or reclaimed wood sourced from demolished buildings. These products are skilfully crafted by local craftsmen using a wide range of techniques and materials.

This ever-expanding product range is produced from a variety of materials including wood, clay, terracotta, brass, bamboo, leather and glass from an array of countries, including England, Indonesia, Vietnam, China, Italy and Poland to name but a few. This company appreciates the importance of wood as a natural resource and its ongoing viability as a raw material being integral to both a countries economy and its people's welfare.

Property information

Property:

Leasehold

Lease terms:

Two of the retail outlets and the warehouse is owned separately by the owner is would be available on lease, alternatively the owner will consider selling the freehold if the a buyer is interested. Details of all outlets and areas are available to interested parties.

Location:

There are three retail outlets included, all in busy and affluent high streets, two located in South West London and one in a busy and affluent area of Surrey, within the M25, there is also a warehouse within the M25. Two of the retail outlets and the warehouse is owned separately by the owner is would be available on lease, alternatively the owner will consider selling the freehold if the a buyer is interested. Details of all outlets and areas are available to interested parties.

Other information

Expansion potential:

There are excellent opportunities to increase the levels of business. Since inception this Business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. With more of the same it is considered that a new owner with fresh impetus and enthusiasm can capitalise on the incremental opportunities available.

There are several avenues for growth, possibly by more growth through inward investment, expanding the retail outlets by purchasing additional stores and increasing advertising and promotion of the company to provide greater turnover.

Competition / Market:

The business has used virtually no advertising in the past, so there are excellent opportunities to increase this activity, develop the brand perhaps through media sales and marketing the business more aggressively to significantly increase turnover. There is currently a website but more work in this area would also undoubtedly increase turnover and subsequent profits. Currently a high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation, combine with the prominent location of the three shops and the amount of passing and affluent traffic that they benefit from.

Support & training:

The current owners will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling:

The business is for sale as a result of the vendor’s intention to move back to his homeland with his family.

Trading hours:

Monday – Saturday 10.00 – 6.00Sunday 11.00 – 5.00