The business offers the sale of clearance stock from large brand furniture retailers from its showrooms, as well as via its e-commerce website and eBay. The business sells sofas, recliner chairs, dining tables and chairs, beds, and mattresses and also provides a furniture removal service.
The business shows available stock on its website to allow customers to browse before visiting the showroom, as well as offering free delivery within seven days.
Our clients are now offering the business for sale to enable the owners to focus on other, unrelated interests.
Offers invited.
Key Highlights
– Has developed strong relationships with suppliers that allow the business to frequently get first refusal on stock.
– Benefits from a wide-ranging and diverse customer base.
– Has achieved a five-star rating on Google Reviews.
– Operates from two separate leasehold premises.
– Could introduce the sale of white goods and other household items to grow revenue.
– Carrying out further online advertising and developing the website to include the use of SEO, and to improve visuals and functionality, would expand the business’s reach and drive further sales.
Financial Highlights
-Turnover of £1.1m in YE23 with an adjusted EBITDA of £96k achieved.
– Outturn of £1.9m for YE24 with an adjusted EBITDA of circa £260k.
Business, Furniture Shops, Interior Design Companies, Other Retail Businesses, Retail Businesses, Soft Furnishing Shops
Furniture Shops, Interior Design Companies, Other Retail Businesses, Soft Furnishing Shops
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