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Business For Sale. Memorabilia /themed Interior Commercial Decor Business Unique Product Rangesbar & Restaurant The

LISTING DETAILS
Firms For Sale ID:
34686
Vendor reference:
GD115
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£249,000  
Turnover / revenue:
£60,000
Net profit / cashflow:
Undisclosed
Years established:
37
Trading hours:
As required.
Employees / staffing:
The vendor works in the business as required. However as already mentioned he has downsized the business over recent years and he is the only employee. He spends considerable time overseas now (4 5 months a year) so this has had a detrimental effect on recent sales.

OTHER DETAILS
Support and training:
The vendor will provide a comprehensive handover to ensure a seamless transition and continuity of trading, and would be happy to be available for a further period to ensure ongoing prosperity and maintain supplier relations. This should be relatively straight forward based on the current business model.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Memorabilia /Themed Interior Commercial Decor Business
Unique Product RangesBar & Restaurant Themes, Props etc.
Ref. GD115
Location : Yorkshire/Relocatable
Asking Price: OIRO GBP 249,000
(Selling at below Stock Value of cGBP 350,000)
This is a rare opportunity to aquire a unique and truly alluring business opportunity that has evolved over many years succesful trading to become one of the best known independent specialist themed memorabilia and interior decor supply companies in the UK.
The business has been trading for 37 years and it has developed a huge indemand product portfolio during that time to meet the requirements of a very diverse range of commercial clients, both within the UK and overseas.
The company has historically supplied a unique range products for complete commercial interior fit out projects, be they pubs, restaurants, leisure locations, retail sites, not to mention corporate events and tv/film productions….the list is endless.
Clients include interior designers, architects and contract interior companies as well as bar/restaurant owners and companies be they single site or large multisite operations.
These customers, many of whom are regulars come from far and wide (particularly Europe) to view and buy its high quality product offerings that include interior furnishings, signage, props, pictures, display cases, photos,mirrors, blackboards etc. Historically the business has even designed and sourced/manufactured bespoke items for customers based on requests they have when visiting. Many of these designs are still popular today with no alternatives in the market.
Typical themes include
Americana
British or Irish Pub Themes
Australian
European (French, Italian etc etc)
Sports
Music
Retro
The vendor has been selective when sourcing products over the years and has built strong relationships with many smaller manufacturers in Indonesia, The Phillipines as well as America which has enabled it to offer exclusive designs and have more control over design etc.

Expansion Potential
The business has widespread opportunities for new growth and development, having been restrained over recent years due to the vendor neglecting it and choosing to spend less time within the business. Significant opportunities exist in terms of proactive sales and marketing, not least through e commerce and social media.

The events marketplace represents a new growth area as does further development of the companys connections with the contract interiors, furnishing and interior lighting industries.

The business currently has a basic website but further development of this to incorporate
e commerce and utilisation of other sales platforms would have a huge impact on sales.

Majority of sales are trade/commercial but a new retail side could also generate new significant revenues and increase margins further. The vendor has dabbled on EBay and this and other major platforms are certainly avenues worthy of further exploration.

Integration into an existing e Commerce operation would be straightforward.

Market / Competition / Non-Competition Agreements
The business has a basic yet informative website supported by product catalogues and pricing.