Bespoke Home Furniture Retailer in Doncaster
Location:
South Yorkshire, doncaster
Business Type:
Retail businesses
Intelligent Business Transfer have been appointed as selling agents for this well established design and interior business situated in South Yorkshire.
The business is primarily a high quality designer, manufacturer and installer of bespoke home furniture including kitchens, studies and bathrooms.
The business offers a high quality of products across a variety of price ranges, from high end kitchens, to low cost value bathrooms. The majority of the income for the business is directly from kitchen sales, for which it is best known across the Yorkshire region.
The current owner has proudly developed a substantial business entity which has earned an enviable reputation within the fitted furniture business for its considerable quality, service and reliability.
The business has been established since 1992, and became a limited company in 1998.
Being situated in such a prime trading position, on a well know trading estate, the business has a good supply of passing trade as well as having a large number of regular and repeat customers.
The commercial premises are ideal for a business in this sector, offering huge amounts of retail and display space.
The business employs 8 full time members of staff from sales team, administration and manufacturers. There are also two sub contracted fitters & installers.
The business sale includes all stock currently used on display across the 3800sq/ft as well as 3 sign written vans and a sizeable customer database.
The current owner of the freehold property is willing to offer a negotiable and substantial lease over 10-20 years where necessary.
Whilst the business had a slight drop in turnover during 2010, with profits decreasing in line with this, the turnover for 2011 as well as the net profit shown on the audited accounts show a substantial increase. This increase is rare given the current climate, yet shows the terrific potential of the business given its upturn during a difficult economic climate.
There is huge scope to grow the business by expanding the bathroom side of the business, as well as capitalising on increasing traffic to the business through its newly updated website.
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