Buy a business

Office Furniture Retail Business for Sale

Confidential Sale

Essex

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.
 
 

Key features:

  • Established over 40 years.
  • Growing Business
  • Senior Management in place
  • Retirement Sale

Property Details:
Asking Price: Offers Invited
Turnover: £1,350,000 Annual

Premises Details:

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
 

Lease Terms:
10 year lease, £50k pa
Break in Nov 2021

Reason For Selling:
Retirement Sale

Rates:
Small business Rates Relief 

Office Furniture Retail Business for Sale Essex

Financial Details

  • Turnover: £1,350,000 Annual
  • Net profit: £200,000
  • Fixtures value: undisclosed
  • Stock value: undisclosed
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