Financial Details
Asking price: £95,000
Sales revenue: £120,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: £26,000

  • Photograph of this business for sale

Business Description
We are delighted to offer for sale this established business which manufactures and supplies a range of soft furnishings.

The company was founded by the vendors approximately a decade ago, and is now being sold as they wish to retire.

The company has a loyal trade customer base of around fifty clients, and a new sales agent is adding to this total.

Customers are mainly retailers and are located throughout the UK.

Design and fabrication is undertaken in house which includes bean bags, bean bag chairs, bean cubes, curtains, cushions and pouffes.

In addition, there is a separate range of furnishings for children’s bedrooms. The styles are varied, and range from traditional to modern.

There is an excellent website being sold with the business showcasing the product range. This allows individual customers to view products online and contact the company in order to purchase.

Within the industrial unit, there is a sizeable workshop facility, equipped with six industrial sewing machines, a large cutting table and a fibre blowing machine.

In a separate store area, there is a fully functioning bead filling station. Polystyrene beads are sold separately, which provides an additional income stream to the business.

The business is currently operated by a husband and wife team supported by three part time staff.

The vendors would be more than happy to offer assistance with a handover should this be required.

We are advised that the current stock holding is in the region of £26,000
REF: 9564DE
General Information
Years established:10
Employees:The business is currently operated by a husband and wife team supported by three part time staff.
Trading hours:Mon – Sat: 9.00am – 5.30pm
Relocatable: This business can be relocated.
Property:Leasehold
Lease terms:TENURE: Rented Rent: £500 per month We are advised that the annual business rates are currently: £3,250
Location:Our client’s business trades from a large traditional industrial unit located in a South Derbyshire market town.

It would be possible to continue trading from this unit, but the business is fully re-locatable.

There are a range of similarly sized businesses operating from the estate which itself is very close to the commercial heart of the town. There is unrestricted parking available for management and staff.

Derbyshire is located in the East Midlands and supports a population of approximately 1million. The county encompasses the Peak District and borders on the Pennines. The county’s economy is a traditional mix of agriculture and industry, with a strong coal mining heritage.

Given its central location within the UK, the county is served by an excellent transport infrastructure. Derbyshire is straddled by the M1 and M6 motorways, with unrivalled access to Birmingham and the North. The nearest airports are Birmingham International and East Midlands. Rail links are similarly strong.
Premises Details:A very large, traditional industrial unit, with workshops, stores and office space.

Ground Floor
• Customer showroom
• Office
• 2 W/Cs
• Kitchen
• Loading bay
• Workshop
• Store with bead filling station
• Racking and shelving

External
• Unrestricted parking to front
Expansion potential:• Massive potential for additional customers • Development of web site allowing customer purchases and online sales • e Bay • Relocation • Overseas markets
Competition / Market:Very limited
Support & training:The vendors would be more than happy to offer assistance with a handover should this be required.
Reasons for selling:Retirement
Related documents:PDF document iconDocument

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