A designer and supplier of bespoke, hand-crafted rugs and carpets – operating worldwide
A designer and supplier of bespoke, hand-crafted rugs and carpets – operating worldwide
Overview
Description
The company offers a turnkey service covering the design, supply and installation of bespoke, hand-crafted carpets and rugs.
Operating across the UK and Europe, the company has a well-established brand offering and a loyal client base, with its products installed in luxury hotels and boutiques across Europe, as well as in the residences and super yachts of many high-net-worth individuals.
The company is offered for sale due to the retirement plans of the majority shareholders.
Offers invited.
Key Highlights
– Delivers a dedicated and personalised service, with all products made-to-measure from the finest natural materials.
– Caters to circa 50 active clients, operating on both a B2B and B2C basis. Its client base includes corporate organisations, interior designers, boutiques, hotels and high-net-worth private individuals.
– Receives a high volume of repeat business, with many client relationships spanning upwards of 10 years.
– Experienced second-tier management team in place.
– Operates from leasehold premises.
– Moving forward, the company could benefit from exploring relationships with new clients or expanding its product range.
Financial Highlights
– Turnover of £1.07m, with an adjusted EBITDA of £242k.
– Gross profit margin of 51%.
– A YE24 six month management turnover of £517k.
– Current order book is valued at £251k in March 2024. The forward order projection up to end May 2024 is currently at £275k based on existing enquiries to date.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
Listed By:
Similar Listings
This is a superb opportunity to acquire a well-established, retailer of hardware products and related accessories in Dartmouth. Devon. The business is available on a leasehold basis. The business operates as a leading retailer of hardware products to...
The company is one of the UK’s leading laser screed concrete flooring specialists, undertaking major projects for clients based across the country. Benefitting from a wealth of in-house expertise, the company is able to manage projects of all compl...
Discover a golden opportunity to own a thriving Village Store & Post Office in a Worcestershire village. This turnkey venture stands as a beacon of community service and profitability, nestled in a charming locality renowned for its vibrant a...
High Street Location Loyal Customer Base National Award Winner Rent £12,000 per annum New Lease available Everett Masson and Furby are delighted to offer for sale a bespoke greetings card and gift shop, located in a busy position on Newport Pagnel...
Mailbox Estates presents a well presented town centre Post Office with a High Remuneration of £110,000 per annum. This long-standing post office has excellent pedestrian foot flows within a well-established trading location. The Opportunity: • Tow...
A fantastic opportunity to purchase an established flooring company. Letchworth Carpet Centre has been trading since 1990 and has built up an outstanding reputation in both the domestic and commercial marketplace. The business boasts a showroom for c...