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
Long-Established Curtain & Blinds Manufacturer and Retailer based in Norfolk, East Anglia. This thriving business comes with a leasehold tenure, with a new lease to be negotiated for the purchaser. Enjoy the benefits of a well-regarded business w...
Step into a thriving culinary business set in the heart of Kettering’s bustling cultural quarter. This café and delicatessen offers a rare opportunity to acquire a well-established venture combining a passion for quality food and exception...
Alan J Picken are delighted to offer this well-established, local wine business onto the market. The business sells a wide variety of fine wines, spirits and Havana cigars carefully selected by our client. Right from day one, our client has chosen t...
Available through Clifford Lax. First sale ever. Very long established Fruit & Veg Supplier serving extensive catchment area. Turnover approximately £1 Million plus with good profit potential long term. Business now available due to retireme...
ECO FRIENDLY ZERO WASTE REFILL STORE PRICE: £15,000 plus SAV – LEASEHOLD LOCATION – BRAINTREE – ESSEX REF: R0037E ECO FRIENDLY ZERO WASTE REFILL STORE trading from a LISTED PROPERTY located within a BUSY DESTINATION SITE that has a VARIET...
ELECTRICAL RETAILER MEMBER OF EUROPE’S LARGEST BUYING GROUP – WEST MIDLANDS / SHROPSHIRE Presenting an amazing proposition for an investor looking to capitalise on a proven business model Business across 2 units (Retail & Storage, adm...
