Destination Retail Venue Offering Flooring, Kitchens, and Homeware

  • Price: Offer Invited
Seller Ref:154576
For Sale

Destination Retail Venue Offering Flooring, Kitchens, and Homeware

Seller Ref:154576
  • Price: Offer Invited

Overview

Seller Ref: 154576

Description

Based in Eastern Scotland, the company offers a destination retail venue with ample parking facilities and a restaurant, making the acquisition a flexible opportunity with a vast amount of potential.

As well as offering high-quality wood flooring, kitchens from a top UK brand, furniture, homeware, and gifts, the company rents out concession areas to two other businesses and leases its restaurant and kitchen space, ensuring reliable, repeat revenue.

The business is now being offered for sale to facilitate retirement plans.

Our clients are open to all types of structured deals subject to terms.

Offers invited.

Key Highlights

– Established for more than two and a half decades.

– Benefits from a diverse customer base, many of whom have been repeat customers for the company’s entire time in operation.

– Strong management team in place, along with knowledgeable, experienced in-house flooring fitters.

– Has developed a large online social media following with scope to build a dedicated e-commerce website to facilitate ongoing growth.

– Operates from freehold premises that are included in the sale.

Financial Highlights

– Turnover in excess of £1.5m with an adjusted EBITDA of £280k.

– Secure, repeat revenue from rental concessions, with space to extend this offering to other brands to facilitate growth.

Is this business relocatable:
No
Is stock included:
NA

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