Home Run Custom Made Louvre Shutters Supplying the South East For Sale

Price:

Other - £78,000

Seller Ref:

2545M

Location:

London

Business Type:

Retail businesses, Service Businesses

See Other:

Furniture shops for sale in London
Household goods shops for sale in London
Soft furnishing shops for sale in London
Home & garden services for sale in London
Interior design companies for sale in London
Retail businesses for sale in London
Service businesses for sale in London

Description:

THE BUSINESS:

Background
The company was established 10 years ago by the current owner and has created an excellent reputation in the South East of England for supplying and fitting a range of high quality Louvre Shutters.

Products and Service
Shutters are made-to-measure in a range of different woods and are offered in various painted or stained finishes. They are available in many styles and shapes and are equally suitable for traditional and contemporary buildings.

The shutters are available for DIY fitting or, more frequently, installed by the company.

Delivery time from taking the order is usually 6 weeks.

Customers
The company’s products and services are supplied to both domestic and commercial customers with the majority of business coming from residential properties.

Suppliers
There is one main supplier of the finished shutters and the manufacturing process is usually completed in China. It is understood that there is no binding agreement to use this supplier and other sources could be used in addition or instead of the current one.

Business Development
Business comes from: referrals by Interior Designers (approx. 30%); referrals from previous customers (50%) and advertising (20%). Advertising includes national and regional lifestyle publications and web based activities such as the company’s own website.

Geographical Coverage and Location
The business covers mainly the South East of England but the majority of business comes from the London and the surrounding areas and there have been projects as far away as mainland Europe.

The current owner runs the business from her home in East Sussex, but it could be based anywhere within reasonable travelling distance of the Greater London area.

Premises
The company has no premises and the business can be run from home or easily integrated into another operation.

Business
The business has shown a steady increase in revenues over the years, reaching £209,000 in the year to January 2008. Sales in the following year dipped slightly to £182,500, due mainly to the owner sharing her time between the business and a major personal property renovation. Gross profit is approximately 50%.

Sales have increased despite there being no real business development strategy or major sales activity and it is believed that there is very real potential to build on the current reputation and relationships in order to increase the size and turnover of the company significantly.

Training and Handover
Full training is available to the new owner and the current owner is prepared to provide a significant hand-over period (by negotiation).

Location Details:

The business covers mainly the South East of England but the majority of business comes from the London and the surrounding areas and there have been projects as far away as mainland Europe.