Total of 18714 firms and businesses for sale today Monday 23rd November 2020
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Finance And Services:

Business For Sale. Life Style Retailer With Busy Coffee Shop In Prime Location

LISTING DETAILS
Firms For Sale ID:
35131
Vendor reference:
AG151
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£190,000  
Turnover / revenue:
£50,900
Net profit / cashflow:
£118,000
Employees / staffing:
The business employees 2 part time staff in the main shop along with the vendors. The coffee shop has its own full time manager with 8 part time staff on zero hourís contracts, some of which are students who only work weekends.

OTHER DETAILS
Reason for selling:
The business is for sale as a result of the vendorsí wish to follow other areas of interest.
Support and training:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is located in an easily accessible area in Buckinghamshire and operates from a period property of historical significance, circa 4,000 square feet area including showroom, storage, workshop and administration. The premises are currently leased from the National Trust and have six years remaining on a renewable lease.
 
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BUSINESS DESCRIPTION
This regionally renowned and highly popular business was founded in 1988 and has been in the Vendorsí ownership since 2002, hard work and entrepreneurial spirit has driven significant growth since, leading it to become a significant regional enterprise with a strong reputation for the quality of its welcoming shopping experience, variety, products, brands, service and reliability.

The business enjoys a prime high street location in one of the most beautiful and busy areas of Buckinghamshire in an easy to find, picturesque village attracting tourists during throughout the seasons. The business further benefits from its own car park suitable for up to 12 cars.

This business retails from its premium range of products; furniture and accessories, built to exacting standards and a firm favourite with the areaís discerning, and wealthy clientele. Stock ranges from fine living room seating, both contemporary and traditional along with lines in dining furniture, lighting and cabinetry. The Shop also specialises in quality beds with a comprehensive range of bedroom furniture available to order.

This is all supported by a portfolio of interesting and unusual gifts, jewellery and accessories. Stock lines change regularly and maintain the interest and attention of destination customers that visit from many miles away.

The introduction of a coffee shop in May 2018 serving high quality coffees and teas with locally produced cakes, sandwiches and snacks, has proved to be very popular with visitors and has added significantly to profitability.

The outside has various, distinct seating areas with beautiful flowers adorning the borders and beds.

The coffee shop which has its own entrance opens into separate rooms all decorated differently with quirky themes. The coffee shop has recently won an award for all its hard work and great customer reviews.

The business has been established in the village for many years and is well known and regarded by competitors and peers and is considered a part of the fabric of the business community. The vendors have been involved in the business since 2002 and can offer considerable advice and information concerning all aspects of business in the region.

The period, welcoming, themed, comfortable and comprehensive showroom displays on two floors and across two buildings and with fully equipped office, this equates to approximately 330sqm. The products are displayed in extremely attractive themed settings providing the customer with the fullest context for choice options that include seating, beds, mirrors, pictures, room display furniture and an extensive portfolio of accessories.
The business is further supported by exemplary relations with key suppliers who have helped to ensure that client service and product quality is never compromised and that customers receive the highest possible quality of service, leading to the existing high levels of return custom. This commitment to suppliers and customers has underpinned this businessís abilities in service quality and sustained business success.
The business has invested to a high degree in technology and has an up to date administration and accounting system. The business also benefits from no customer credit and trades with an initial deposit on placing an order and the final payment required before delivery of the product.
The business is an excellent opportunity for any purchaser seeking an opportunity to expand their current services into this region or perhaps an owner manager choosing to take advantage of this established business avoiding time consuming, costly and risky start-up conditions.

Expansion Potential
The current market for this businessís products is stable with significant profit shown in the last two years. The business is well positioned to take maximum advantage of this growth as it occurs.

Market / Competition / Non-Competition Agreements
The vendor considers that in regard to the exceptionally high added-value nature of the businessís uniquely sourced product range, there is no businesses in the region considered serious competition.