* Upholstery & Furniture Retailer
* Leasehold Showroom (5, 000 sq ft)
* Bespoke Furniture Handmade In England
* Ideal Bolt on for an Existing Operator
* Highly Profitable
* Great Reputation
Independent Upholstery & Furniture Retailer Located In Stratford Upon Avon
Bespoke Furniture Handmade In England
Leasehold Showroom (5, 000 sq ft)
Ref 2871
Location
This respected Upholstery & Furniture retailer is located in highly desirable
market town of Stratford Upon Avon. Positioned within a prominent and highly
visible trading position on the busy Birmingham Road, adjacent to Halfords and
opposite McDonald's Restaurant. This thriving historic town is the birthplace
of William Shakespeare, steeped in culture and history. Set in the beautiful
rural Warwickshire countryside, on the banks of the river Avon, it is one of
the most important tourist destinations in the UK, receiving over 4. 9 million
visitors per annum.
Leasehold Asking Price: £295, 000 ltd co sale
Business Description
Veritas Business sales are privileged to offer to the market this established
Upholstery & Furniture retailer which is located in Stratford Upon Avon. The
business was established by our clients back in 2010 and they are now offering
the business for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually invested in new display stock along with
fixtures and fittings which are all bought and paid for and included within
the sale price, which is a huge plus for a new owner as additional funds will
not need to spent for some time. Home of The Sofa is a family operated concern
and employs the help of 4 part time members of staff. For year ending 30th
June 2022 they posted an annual turnover of £772, 886 with a gp of £284, 198
(39. 3%)and produces adjusted net profits in the region of £160, 000.
Independent retailers of 'Handmade to Order' fine English upholstery and
furniture and they specialise in sofas, chairs, corner sofas, sofa beds,
footstools and re - upholstery services. The showroom displays a comprehensive
selection of furniture and they are the local stockists for leading brands
Tetrad and Collins & Hayes which is sold alongside their own bespoke
upholstery range . Also included is their very own enterprise class e - commerce
website ‘homeofthesofa. co. uk' hosted by Visualsoft. To ensure a smooth
transition the owners are happy to train and work alongside new owners.
We believe that there is still further potential to increase trade should you
wish, by growing the existing
e - commerce business, social media advertising, additional in - store sales,
opening multiple stores, franchising or as a simple bolt on to an existing
business.
The business enjoys a strong reputation within the local community and beyond
and as such has a high level of regular and repeat trade along with many
visiting tourists. This is a superb opportunity to purchase an established
profitable company which is a great base to build upon and as such early
viewing is highly recommended.
Opening Hours
Monday & Saturday - 10: 00pm - 5: 00pm
Sunday - closed
Leasehold
Term: 5 years
Remaining: 36 months
Rent: £35, 000 pa
Business rates: £16, 000
No vat or service charge payable
Ground Floor
Retail showroom comprising: Open plan furniture displays, despatch area,
office area, oak stairs leading to the first floor showroom and rear fire
escape door.
Storeroom behind the office area.
Kitchen with sink drainer, base units, worktop, microwave (Panasonic), kettle,
undercounter fridge, table, 2 x stools, coffee filter machine and toaster. W/C
with wash basin, baby change and boiler (Worcester Bosch).
Electric metre cupboard.
First Floor
Furniture showroom with rear fire escape door.
Accountants office with stairs leading back down to the ground floor showroom.
Stockroom with wash basin.
W/C with wash basin.
Stockroom.
External
Frontage with parking for (4). Side and rear yard area.
EPC Rating C

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