Business Offered For Sale: Franchised Retailer of High Quality Designer Furniture and Soft Furnishings
Description
Business Opportunity:
An opportunity exists to purchase the business and assets of a franchised retailer of high quality designer furniture and soft furnishings.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.
Business Overview:
- Franchised retailer of high quality designer furniture and soft furnishings.
- 4 leasehold high street stores and leasehold warehouse and HQ
- Franchisee of leading international designer furniture brand
- Established business with loyal customer base
Financial Information:
| Draft Financial Statements for: |
12 Months to 31/03/2023 (£) |
12 Months to 31/03/2022 (£) |
| Turnover |
5,724,434 |
4,222,813 |
| Gross Profit |
2,695,307 |
2,088,785 |
| Net Profit/(Loss), before tax |
(57,566) |
244,610 |
Assets Available for Sale:
- Leasehold premises for 4 stores and warehouse and HQ.
- Inventory of shop fittings, office and warehouse equipment
- Inventory of stock
- Established trading business with loyal customer base
Location:
Scotland.
Deadline for Offers:
Indicative offers no later than 12 noon on 27 September 2024 all offers to be supported by proof of funds.
Further Information:
For further information or to request a non-disclosure agreement please contact MBV on 0161 359 4633.
Sector
RetailTurnover
£5.7m