Luxury Gift & Furniture Outlet
Location:
United Kingdom
->
Chelmsford, Essex
Industry: Retail > Home and Garden Retail
Business Summary
Luxury Gift & Furniture Outlet
Confidentially offered for sale
Ref No: AH069
Location: Chelmsford, Essex
Leased Premises
Asking price: 600,000 plus stock at valuation
The present owner established this business in 2003 and moved into new highly visible central premises in 2009 and has become one of the leading and busiest businesses in its area. They offer customers exclusive luxury gifts, furniture (Sofas, cushions and lighting) as well as cards, jewellery, china and glass wear. The company deals with over 250 suppliers from all over Europe.
The unique collections help this business achieve their goal of presenting a range of homeware and gift ideas occasions and for all pockets. Since moving their turnover almost doubled immediately and is continuing to grow exponentially.This businessss reputation is founded upon its tireless efforts to provide the very best service to its customers. Its product range and old-fashioned service helps to maintain its very high level of clientele.
With a turnover of circa 1,000,000 and gross profits of 500,000, with relatively low overheads, this represents an excellent opportunity to acquire a very well established, leading independent gift retailer operating in an almost exclusive catchment area.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2003
Number of Employees: 10 - 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Full support and training will be provided to the successful purchaser.
Reason For Selling: This is a genuine retirement sale.
Click on the "I'm Interested" button above for more information on this Retail > Home and Garden Retail business for sale.
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Print Listing Id: 70092652
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