Overview
Description
The company provides a luxury interior design services for residential and commercial properties, creating attractive, modern spaces that maintain functionality.
Offering a turnkey approach that incorporates design and build, project management and furnishing installations, the company’s projects range in size from a single room to full-scale renovations. They also cover all interior spaces within the property, as well as patio and decking areas.
Over its time in operation, the company has established an excellent reputation amongst high-net-worth individuals, particularly within its affluent locality.
The shareholder is offering the business for sale to facilitate lifestyle changes.
Offers invited.
Key Highlights
– Benefits from high volumes of repeat and referral custom, with some client relationships spanning 12 years.
– Primarily operates in the UK, with additional international projects in Europe and the Caribbean. International business has generated £460k over the last financial year.
– Experienced second-tier management team in place.
– Offered as a fully relocatable opportunity.
– Operates in a strong market, with its affluent client base unlikely to be affected by changes in wider market conditions.
– Whilst its current projects are all residential properties, there is significant scope to attract more commercial work, with relationships in place to facilitate growth in this sector.
Financial Highlights
– YE23 turnover of £3.7m, with an EBITDA of £206k.
– Strong pipeline of future work for 2024 and 2025, which has a combined value of circa £3m, plus an hourly design155738 charge. This has been projected based on the furnishing budgets from several clients and includes 10 houses and a leisure centre, with projects set to run until Summer 2025.
– Largest projects from the last financial year range in value from £200k to £1m.
Is this business relocatable:
Is stock included:
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