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Listing ID: 2936993

Established Fast Growing Interiors Business In SW London For Sale

Richmond, London, UK

Asking Price:: £400,000 Furniture / Fixtures and Inventory / Stock included

Sales Revenue:: £510,000

Cash Flow:: £70,000

Headlines
- Great opportunity to expand, building on current momentum and replicating successful model
- Re-launched under innovative new model - Walk-in Studio and Design Packages - in 2017
- Since 2017 growing Income at CAGR of 68% and Gross Profit at 66% CAGR

Overview
- Offers interior design and interior architecture services as well as project management
- Sells stand alone services such as curtain making, upholstery, carpet fitting, joinery and decorating
- Supplies goods including furniture, lighting, flooring, curtains, wallpaper, fabrics, bathrooms, kitchens

Highlights
- Over 15 years trading including 7 years on current site
- A well established and respected local brand with great online brand, reviews and awards
- A very attractive and smooth running e-Commerce site prime for expansion
- Unprecedented set of supplier accounts built over 15 years with favourable discount and credit terms
- Incredible delivery network of loyal, reliable and highly skilled 3rd party trades and craftspeople
- An attractive and great value location right next to a train station in affluent commuter village
- A high quality and stylish Studio with extensive physical library of samples and displays
- Strong and committed team with extensive autonomous operating experience

Note re: COVID-19 - Business slowed down in April and May due to Studio closure but appetite for, and ongoing ability to execute, home improvements so far unaffected. Post Lockdown business has experienced a return in demand delivering £26K in Income from 12 trading days in June (ARR £550K).

If interested, please contact us by filling the form given below.

Property Information

Property:: Leasehold

Lease Terms:: Renewable Mar 2022

Leasehold Rent:: £8,892 per annum

Location:: Adjacent to mainline station in heart of a commuter village in affluent SW London

Premises Details:: Stylish walk-in Studio space with desks for 6 people, high quality sampling and product display as well as customer WC and delivery storage space.

Size in square feet:: 350

Business Operation

Expansion Potential:: Growing rapidly over a few years but still in a very focused geography (c.2 mile radius). Opportunity to expand reach of current Studio or replicate model in similar locations nearby.

Competition / Market:: Offers a more approachable, easier to engage with, form of interior design, goods and services than traditional models offered elsewhere in the area.

Reasons for selling:: MD at later stages of career and wants to continue to serve customers but not got appetite to drive the expansion which is happening. CD can only commit on a part-time basis. Management feel an outside party might be better placed to drive the next stage of growth and value creation.

Trading hours:: 9-6pm Weekdays

Employees:: 1 Permanent and 4 Freelance

Years established:: 15

Other Information

Support & training:: Managing Director (MD) and Commercial Director (CD) keen to stay on to drive growth. MD 4 days per week (as at present) and CD at 1 day per week (currently 2-3).

Furniture / Fixtures value:: £3,000 - included in the asking price

Inventory / Stock value:: £24,000 - included in the asking price

Related Documents:

Relocatable:: This business can be relocated.

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