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Y. MacGregor (Nov 2017)
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Asking price: £38,000 Turnover: £83,503
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Business Description
Business
Hilton Smythe welcomes to the market Oasis Blinds, an established business from 2004, which our client took over in 2010. Our client is now looking to sell due to retirement and as this is a business only transaction it would be an idea add on to another related business or a great start up for someone looking to have their own blind business.

Oasis Blinds covers Essex and London with the majority of the work being in Southend and the Basildon area of Essex, however, this could be easily expanded. Approximately 80% of the work is on residential premises and the remainder on commercial premises such as offices.

The business has been built up dramatically since our client’s involvement, having incorporated a long standing business, Kay Cee Blinds in 2013. This literally trebled the turnover of the business as Kay Cee Blinds had been running for over 30 years and had a large customer base and the Kay Cee Blinds telephone number has been diverted to Oasis Blinds so all enquiries from previous clients automatically come through.

The business is being sold with the website www.oasisblindsessex.co.uk, however, this site does require some upgrades. The telephone numbers would come with the business along with the customer database.

Oasis Blinds has recently negotiated better terms with its main suppliers to reduce over heads.

The business could be improved by advertising, as all business comes from word of mouth currently. The business only sells blinds currently and new lines could be added to improve turnover. These could include: awnings, shutters and conservatory roof blinds.

Our client is willing to stay on to train and help through the transitional time.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Oasis Blinds is currently located in South Woodham Ferrers, Essex and covers Essex and London.

Premises
As this is a business only transaction the business is being sold with:

• A 08 Reg Renault Kangoo van
• All the associated tools
• Repair work bench
• All sample books
• Client database
• Website www.oasisblindsessex.co.uk
• All telephone numbers

Tenure
This is a business only sale.

Hours
Our client currently works Monday afternoons through to Friday.

However, he carries out some valuations on weekday evenings and Saturday mornings.

This is an area that could be looked at to improve turnover, our client has done this as he is winding down for retirement.

Staff
The business is run and managed by our client.

Financial Profile
Oasis Blinds generated an advised turnover of circa £83,503 as of the 2017 accounts, with a net profit of £25,629.

In the three years previous to this the business has turned over circa £100,000 and generally has a 30% net profit.

Due to winding down for retirement our client has taken approximately 2 months off each year recently for holidays.

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04223
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