Under Offer: Furniture Retailer – East Midlands
- £1,500,000
Overview
- Business, Corporate Businesses, Manufacturing Businesses
Description
Turnover for year-end 2023 was £1.7m
Adjusted EBITDA for year-end 2023 in excess of £120k.
The business offers a wide variety of furniture including beds, mattresses and upholstery to a domestic client base.
Well-established in the sector having operated for almost 40 years with close relationships to name-brand suppliers.
The company has a second tier management structure consisting of a general manager, bookkeeper and IT manager who can operate without director oversight.
Based on two sites totalling over two acres in size, the showroom and warehouse are offered as a freehold.
Kings Corporate are delighted to present Project Apple a furniture retailer based in the East Midlands. The business is well-established and offers its products and delivery service across the region and nationwide. The vendor now wishes to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis.
Please contact us for further information using reference number 50724 or quote Project Apple.
Ref: 50724
Details
Updated on February 16, 2025 at 6:56 pm-
Price £1,500,000
-
Property Type Business, Corporate Businesses, Manufacturing Businesses
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Property Status For Sale
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Tagline Manufacturing Businesses
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Annual Turnover £1,777,124
Find out more about this business opportunity
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