Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Well Established & Prominent, Design & Manufacture Of Curtains And Superior Interior Soft Fu
LISTING DETAILS
Firms For Sale ID:
32959
Vendor reference:
GK251
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£425,000
Turnover / revenue:
£894,762
Net profit / cashflow:
Undisclosed
Years established:
1988
Number of employees:
18
Employees / staffing:
The business employs 13 full time, and 3 part time curtain makers and two upholsterers, who together with the vendor are responsible for the day-to-day operations.
OTHER DETAILS
Reason for selling:
After more than thirty years in the industry the time has come for the owner to retire.
Support and training:
The vendor is keen to assist the ingoing owner in any way possible to ensure a smooth transition of ownership and the continued success and growth of the business.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
There are two magnificent showrooms and a large 4,500 square foot light industrial workshop and storage unit. The current owner owns the freehold and is open to either sell them to the ingoing party or create new leases.
BUSINESS DESCRIPTION
Market / Competition / Non-Competition Agreements
The business has used limited advertising in the past and there are excellent opportunities to increase this and to invest further in its Internet presence to market the business more aggressively and to significantly increase turnover. The business has however, featured in magazines such as Vogue, and has published in books including Stephanie Hopens.
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