High Quality Furniture Retailer (“The Company”)

Description

This business has now been sold.

 

Business

An opportunity exists to purchase the businesses and assets of a city based furniture retailer.

The Company offers a high-quality range of furniture to domestic customers through two leasehold retail units located in affluent urban locations.  The Company provides furniture sourced from family owned workshops across Europe

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 Valuation as appointed agent on behalf of the vendor.

 

Business Overview

  • Specialist retailer of furniture;
  • Trades from excellent high street locations in affluent urban location
  • Instore and Online retail presence;
  • Two high quality leasehold premises;
  • Separate head office
  • Established and loyal customer base
  • Turnover (YE 31/12/2017) £2.71m, Forecast Turnover (YE 31/12/18) £2.81m;
  • Assets include Trading Stock, Fixtures and Fittings, Leasehold interest and Goodwill

 

High Level Financial Information

 

  • Year Ending 31/12/2016:
  • Turnover: £2,480,000

 

  • Year Ending 31/12/2017:
  • Turnover: £2,710,000

 

  • Year Ending 31/12/2018:
  • Forecasted Turnover: £2,810,00

 

Assets Available for Sale

  • Unencumbered Fixtures & Fittings;
  • Trading Stock;
  • Goodwill & Intellectual Property;
  • Customer Data;
  • Website; and
  • Two Leasehold Retail Premises and Head Office premises (subject to Assignment);

 

Location

London, UK.

 

Deadline for Offers

Offers no later than 12 noon on Monday 19th November 2018, all offers to be supported by proof of funds.

 

Further Information

Contact Damian Short on 0161 359 4332 or by email [email protected]

 

Sector

Retail

Turnover

£2.7m

Category

Business for Sale

Location

London, UK
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