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Office Furniture and Backcare Chair Specialists

Gloucestershire

Advert ref: 1802JMH

Business Partnership is delighted to have been appointed as sole selling agent in order to seek a purchaser for this very well-established business, which was started by our client some 17 years ago and has only been made available for sale due to the owner wishing to now fully retire.

The business has been supplying office furniture and seating to the business community, as well as the ever growing sector of home workers. Their enviable reputation is built on supplying high quality products as well as a specialist chair showroom to help address the ever-growing problem of back pain in the workplace. It has become a ‘go to’ business for seating advice and receives many recommendations from practising medical professionals, chiropractors etc, with many companies sending their staff to them for assessment and the supply of the best possible chair to meet their needs. 

The business has exclusive supply agreements in place from very well-established contemporary and traditional office furniture manufacturers to suit all commercial sectors, which gives the business huge depths when supplying the small to medium office needs throughout the UK.

Key features:

  • Very well-established business for over 17 years.
  • Excellent secondary Town centre location with limited road side parking outside.
  • Small but well fitted out working showroom and separate managing office.
  • Flexible lease terms currently with 3 months cancellation clause should any purchaser wish to relocate business. However, a new lease is available if required, with terms to be agreed.
  • Very experienced employee involved in all aspects of the business including showroom sales and posture advice, Sage accounts, website control and marketing, currently working 34 hours per week.
  • Excellent handover assured with full introduction to suppliers and regular clients and contacts. 
  • Genuine retirement sale.

Property Details: Leasehold
Asking Price: £39,500 + Net Assets (Leasehold)
Location:

Excellent secondary location situated within a small-terraced parade of shops of mixed use, with limited roadside parking outside.

Relocatable: Yes
Lease Terms:
Leasehold – we understand that a fully renewable 5-year lease is available for any purchaser, subject to terms being agreed, current rental being £9,600 per annum, and is subject to 3-year reviews.

Reason For Selling:
Genuine retirement sales.

Office Furniture and Backcare Chair Specialists Gloucestershire

Financial Details

  • Leasehold: £39,500 + Net Assets
  • Turnover: undisclosed
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