Office Furniture Retail Business for Sale
Advert ref: 1016CH
Office Furniture Retail business for sale.
A family run business in its third generation, supplying office furniture nationwide either directly or through white label websites on behalf of other retailers.
Having built up an excellent reputation for the product range and service provided, the business now offers a complete service, from surveying and design to supply and installation.
With Sales expected to exceed £1.5m this year the business has a substantial market share having grown sales year on year.
The owners have recently appointed senior management to take over the day to day running of the business in anticipation of a future sale.
This purchase could suit a trade buyer, an online retailer looking to add products or a private investor.
- Established over 40 years.
- Growing Business
- Senior Management in place
- Retirement Sale
Asking Price: Offers Invited
Turnover: £1,350,000 Annual
Operates from office and warehousing on a busy retail park under a 10 year lease with 5 year break in Nov 2021.
6,450 st ft with additional 4,000 sq ft of mezzanine
Additional storage via a separate unit consisting of 10,000 sq ft
10 year lease, £50k pa
Break in Nov 2021
Reason For Selling:
Small business Rates Relief