Total of 18659 firms and businesses for sale today Sunday 12th May 2024
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Sold. Manufacture & Sales Of Window Blinds & Curtains

LISTING DETAILS
Firms For Sale ID:
8169
Vendor reference:
IK140
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£95,000  
Turnover / revenue:
£100,000
Net profit / cashflow:
Undisclosed
Years established:
8
Number of employees:
3

OTHER DETAILS
Reason for selling:
The two partners would like to pursue other interests
Support and training:
Both partners would be happy to assist the new owner
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The lease is until 2011 and is currently circa £4,230 per anumm with Rates of circa £513 per anumm( this is after local small business releif )
 
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BUSINESS DESCRIPTION
Manufacture & Sales of Window Blinds & Curtains

Ref.IK140
Location West Yorkshire
Asking Price £95,000

The current partners set up this well established profitable business in 2002, after in excess of twenty five years experience in the curtain industry.

The business has grown and now has a large database of circa 2,500 customers, many of which are repeat customers. The business has gained approved supplier status for one of the local councils, until 2014, and are on the approved list with a second. In addition to this the business is pre-registered with nine other councils in the region to supply and repair all blinds and curtains.

The products manufactured are mid-market blinds, curtains and accessories. The materials used are excellent quality and are supplied at competitive prices. Safety has become a major issue within the industry and the company have been quick to acknowledge the importance of supplying non-flamable materials and approved safety cords for use in their blinds

Customers are warmly welcomed into the showroom to choose from the vast selection of materials and if required can receive a free, no obligation visit to their home. This company prides itself on its personal and excellent service.

Expansion Potential
The company is on a sound footing with consistent turnover and profit results. However for the company to progress onto the next level it needs to expand over the next couple of years.

Currently the work premises are starting to be stretched because they need extra work space to be able to manufacture their own vertical blinds. At present 80% of the vertical blinds produced are contracted out, thus losing on profit margin.

A two year contract to supply the local council is in place, and other councils nearby have bought product from the business in the past. There are also two, three year maintenance contracts with local colleges were the company repair and replace faulty and tired blinds and curtains.With more time, or a dedicated sales person ,these types of accounts could be grown.

The business is closed on Sundays and Bank Holidays, but other businesses in the retail park are starting to open up during these times to attract extra customers.

A new owner with fresh ideas and enthusiasm could build upon the solid foundations already in place and take the business forward to its next level.

Both manufacture and increased contracts would require expanding the premises and a shortage of capital, at present, is restricting the growth of the company.

Any new investor would be able to reap immediate rewards of turnover growth and profit by simply funding an expansion plan.