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AH069-Luxury Gift & Furniture Outlet

Asking Price: GBP 600000
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Business Location: United Kingdom » Essex » Chelmsford, Essex 
Category: Retail » Home Furniture & Garden
Description:
Luxury Gift & Furniture Outlet


Confidentially offered for sale

Ref No: AH069

Location: Chelmsford, Essex
Leased Premises

Asking price: £600,000 plus stock at valuation
The present owner established this business in 2003 and moved into new highly visible central premises in 2009 and has become one of the leading and busiest businesses in its area. They offer customers exclusive luxury gifts, furniture (Sofas, cushions and lighting) as well as cards, jewellery, china and glass wear. The company deals with over 250 suppliers from all over Europe.

The unique collections help this business achieve their goal of presenting a range of homeware and gift ideas occasions and for all pockets. Since moving their turnover almost doubled immediately and is continuing to grow exponentially.This business’s reputation is founded upon its tireless efforts to provide the very best service to its customers. Its product range and old-fashioned service helps to maintain its very high level of clientele.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2003
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Reasons for selling:
This is a genuine retirement sale
Market competition and expansion:
A high proportion of the business's revenue has been due to its prominence, excellent reputation for quality and service and strong word of mouth recommendation. No formal advertising is undertaken, and this presents a key opportunity to expand into Internet Sales and catalogue marketing in order to boost profits.
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