Business Summary
Includes all equipment and furnishings
Turnover for 2003£ 150,000
Asking price includes
Leasehold
Includes sales of circa £150,000
Unpatented technical know how
Excellent growth opportunities
Training and handover
Excellent reputation
High repeat client base
Includes all equipment
Business profile:
Established 19 years ago, this business built up an instant reputation for reliability and precision workmanship. The business specializes in retailing finely crafted furniture and high quality carpets. The business is able to deliver a prompt and efficient service that suits clients various needs and ensures that carpets are fitted to perfection.
The business is a major stock -holder of quality carpeting operating from an excellent retail location on a high street in Strode Kent. Clients have the option of taking advantage of the free parking that is available. Due to its prime location the business has much passing trade.
Key assets are found in the business’s long-established relationships, well-defined customer base with high repeat sales, and its ability to serve clients, supplying the business with a definitive competitive advantage.
The company obtains new business, and assists its current client base using three innovative measures. Client visits are done on a regular basis, ensuring that the company reacts proactively to changing market needs. Clients are contacted after completion, and any problems are rectified quickly and effectively. The business is renowned for its personal service and has an established, well-deserved reputation as a well- known quality company, specialising in medium and high quality carpets.
Since being established the company has covered all aspects of flooring and carpet installation and is able to undertake contracts for retail and business users having a complete design-to-install service in house.
This business has the ability to compete financially with competitors on a like for like basis. The business is committed to employing qualified, experienced staff and to ensure installation standards are of high standard.
The business offers the purchaser an excellent opportunity to invest in a well -established business that prides itself on the reliable, knowledgeable service that it offers clients.
Property Details
Other Business Details
Premise Details:
The business is located in Kent and operates from leasehold premises. The lease runs till September 2005 and rent per annum is currently £34,000. There is an excellent relationship with the landlord and rent is always paid on time.
Competition:
The business has built up an advertising base and has taken advantage of the many mediums in which to advertise their services and high quality products. The business advertises its services through the yellow pages, trade magazines, local press, Thompson directory and leaflets and brochures.
A high proportion of the business’s revenue is due to strong word of mouth recommendation it receives bearing testimony to the excellent reputation it has received throughout the industry.
Business Operation Details
Support & Training:
The owner is happy to assist with the handover and training.
Miscellaneous Details
Reason For Selling:
The owner wishes to retire
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