Buy a business

Upmarket Lighting Retail Business

Confidential Sale

Essex

Advert ref: 1021CH

A beautifully set out lighting retail business based in Essex, offering a unique experience for customers to explore and visualise lighting and other soft furnishings in a friendly and comfortable environment. 
The business has been established for over 10 years and has built up an envious following of repeat customers and open 5 days a week including weekends and is located with easy access and has free customer parking.
In addition to the shop the business also has an excellent website which showcases its products and also includes a video shop tour providing an insight of what is in store.
The owner is now reluctantly having to put the business up for sale due to health reasons and will be willing to provide a suitable handover. 

Key features:

  • Established over 10 years
  • Beautiful shop environment to showcase 
  • Excellent website with online video tour
  • Envious reputation and repeat customers 
  • Several exclusive Brands 
  • Several Regional Exclusivity agreements with suppliers.

Property Details: Leasehold
Asking Price: Offers Invited
Turnover: £250,000 Annual

Premises Details:

The business operates from leased premises at a cost of £45k pa.  The lease is due to end in December 2021 and a new lease is expected to be issued by separate negotiation. 

Size in Sq Ft: 4800
Trading hours:
Wednesday to Friday  9am to 5pm

Saturday 10am to 4pm

Sunday 10:30am to 4pm

light

Financial Details

  • Leasehold: undisclosed + SAV
  • Turnover: £250,000 Annual
  • Net profit: £30,000
  • Fixtures value: undisclosed
  • Stock value: £60,000
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