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Businesses For Sale   >>   Home and Garden Retail Businesses For Sale

Furniture Retailer - Ready Made Furniture For Sale

Location  United Kingdom
Asking Price Range  $250K - $500K
Gross Revenues  $1030821
Net Profit / Cash Flow  $37202
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2000
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased

Description  
Furniture retailer - specialising in quality bespoke and ready made furniture for indoors and outdoors, plus accessories Ref.IK261 Location Berkshire Asking Price 299,000 Turner Butler has been appointed to invite offers of purchase for the entire Issued Share capital of a furniture retailer with two retail outlets and a fast growing e-commerce presence, specialising in quality bespoke and ready made furniture for indoors and outdoors, plus accessories. Key strengths: The Company has the following key attributes:  two prime retail locations with an increasingly important e-commerce site  a good mix of products and prices - branded and unbranded, furniture, bespoke, in stock or fitted furniture etc plus accessories.  complementary stores - seasonality, target audiences etc.  excellent supplier relationships - can supply bespoke furniture within four weeks of order.  easy management - the retail locations are within a thirty minute drive of each other. The Company provides an acquirer with:  a fast growing business - approximately 665,000 of turnover in only the fourth year of trading  an excellent base from which to establish a strong regional chain. Financial profile: For the financial year ending May 2012, the business achieved a turnover slightly in excess of 665,000, generating a gross profit slightly of almost 290,000 and a pre-tax net operating profit of approximately 24,000 after minimal Directors remunerations. Offers are now invited for a sale of the entire Issued Share capital in the Limited company based on a Balance Sheet value of 23,600.


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