| (REF: AG109) Established Interior Decorator with Soft Furnishings, Furniture and Home |
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| Seller Reference: |
AG109 |
| B4S Reference: |
15923 |
| Asking Price: |
£75,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£325,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Surrey, Surrey, United Kingdom |
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Established as an interior decorator for nearly thirty years and in its present retail location for the vast majority of this time, this business has performed consistently over the years and has established an excellent reputation for its range, quality of workmanship and high levels of customer service. This has contributed significantly to it having built an extensive base of repeat Clients located in an area of Surrey with a high density of top quality private homes owned by many high net worth individuals with City connections.
Operating from a prominent High Street retail location in a very attractive, affluent Surrey village, this business offers an Interior Decorating Consultancy service based around a core retail range of fabrics, wallpapers, curtains and window treatments, soft furnishings, furniture, floor coverings, lamps, lighting, pictures and decorative accessories.
Directed very much at the decoration and refurbishment of property at the very top end of the market, this business would not be out of place in Knightsbridge, Kensington or Chelsea working as it does with many leading brands and as a major supplier in the south east for the Colefax and Fowler group of companies. In the enviable position of having very few directly comparable competitors, the business is perfectly placed to satisfy the significant demand from the affluent residents of surrounding towns and villages. Alongside its own commissions, the business has a very useful collaborative relationship with an architectural design service, often developing projects for joint benefit.
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Property: |
Leasehold |
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Lease Terms: |
The business operates from a top quality showroom in a very attractive village High Street location. Approximately 90 square metres of retail space in all, with an additional 13 square metres of storage available in the basement, the premises are leasehold with the current arrangements due for renewal in 2014.
There is ample parking adjacent to the property with additional on street parking very close by.
Rent is £10,500 per annum with Rates slightly in excess of £2,500 per annum. |
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Current Rent: |
Rent is £10,500 per annum with Rates slightly in excess of £2,500 per annum. |
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Living Accommodation: |
No |
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Having been established for almost thirty years this business does little by way of advertising, relying on the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for competitive pricing and high levels of quality workmanship.
What advertising this business does is limited to its inclusion in manufacturer stockists listings in the trade glossies. Perhaps its most effective advertising however is its High Street location which acts as a very impactful advertising hoarding. |
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The vendor will be available for training and handover to ensure a smooth transfer of the business to new Owners. |
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This is a genuine retirement sale. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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The owner is responsible for the day-to-day management of the business, supported by part time staff including a designer working a minimum three days per week, a trainee designer working two part days per week, a general assistant working a couple of mornings a week, a secretary/PA working three to four days a week and a bookkeeper. |
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