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AG128 -Furniture, Lighting and Bathroom Retailer

Asking Price: GBP 420000
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Business Location: United Kingdom » City of London » London 
Category: Retail » Home Furniture & Garden
Description:
Furniture, Lighting and Bathroom Retailer
Ref.AG128
Location London
Asking Price £420,000
Established in 2008, this business operates from two branches across London. The business has very quickly grown by sourcing high quality products from leading manufacturers and suppliers in Asia and The Far East.

The business specialises in unique pieces that are in huge demand particularly amongst the fast growing cosmopolitan population in London.

The business is currently carrying circa £120,000 of stock, which is of course included in the sale.

As one would expect from a leading independent retailer, what sets this business apart from the competition is its helpful, friendly and knowledgeable staff. All staff have considerable experience in all areas of home furnishing. Personal service is paramount and staff are focused on providing the personal touch that makes the whole shopping experience enjoyable, regardless of the amount spent. Where this business also scores well over the perhaps better known competition is its high levels of Customer service. Deliveries are free of charge within the M25 on orders above £500.

The business operates from large, ideal premises in high street locations.

By offering an amazing range of unique foreign products, a design service to provide customers with exactly what they want and by keeping costs very low by buying direct from manufacturers, this business has proven to be an amazing success story.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
1000000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2008
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 04
No of trading hours: Monday-Saturday: 9.0 am – 7 pm Sunday: 10.00 am - 5 pm
Reasons for selling:
The owner is relocating back home to India.
Market competition and expansion:
The business advertises via loose inserts in the local press. On average 50,000 of these are distributed for each campaign. The business also does door to door leafleting. A local television channel is also part of the current marketing strategy. The business also has an eBay presence.
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