Overview
Description
The company designs and manufactures high-end, unique upholstered furniture to customers’ exact specifications, including sofas, wing and accent chairs, dining chairs, and stools.
Priding itself on its exceptional workmanship and high levels of in-house expertise, the company offers a vast range of fabrics and leathers and can work to any dimensions.
Our clients are open to all types of structured deals, subject to terms.
The business is now being offered as a full or 50%+ share sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
– Experiences a high rate of return custom, with customers often returning years after a purchase to replace their old furniture.
– Operates predominantly on a B2C basis, serving between 500 and 600 customers per year. Customers include many high-net-worth and well-known individuals, due to the company’s exceptional reputation.
– Has developed a lucrative, long-standing wholesale relationship with a prestigious retailer that provides regular, repeat orders.
– Approaching popular high-street and blue-chip retailers to resell the company’s bespoke products could significantly expand its reach and sales.
– As the e-commerce market continues to experience consistent growth globally, introducing e-commerce sales of some of the company’s bespoke ranges could contribute to its ongoing development.
Financial Highlights
– Turnover of £1.5m with an adjusted EBITDA of £150k.
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