Sold. Consistently Highly Profitable Furniture Retailer In Prime High Street Location

Consistently highly profitable furniture retailer in prime High Street location

Ref.IK099
Location Kent
Asking Price £ 580,000

Established for nearly sixty years this business has been a firm favourite for several generations of families, looking to purchase the very best furniture for their homes.

Very much a feature of the High Street of this lively Kent town and with only one other local competitor, this very profitable business, operating from over 18,700 square feet of showroom, specializes in all areas of home furnishing. As well as a wide range of furniture such as Suites, Chairs, Cabinets and Dressers this business has an exquisite range of Carpets, Stylish Beds and Bedding as well as Curtains, Blinds and rugs, stocking only the best brands available, many sourced through the two major Buying Groups this business belongs too. Whatever the room, whatever the requirement, excluding fitted kitchens or fitted bedrooms, this is the place to go.

As one would expect from a leading independent retailer, what sets this business apart from the competition is its helpful, friendly and knowledgeable staff. All staff have considerable experience in all areas of home furnishing. Personal service is paramount and all staff are focused on providing the personal touch that makes the whole shopping experience enjoyable, regardless of the amount spent. Where this business also scores well over the perhaps better known competition is its high levels of Customer service. Local deliveries are free. This business also offers free furniture assembly and free furniture removals.

Not surprisingly for a company that has been established this long this business has an extensive and loyal customer base – having furbished the second, third and in many cases the fourth homes that some customers have moved in to – as well as their childrens’ properties. Customers are drawn from a very wide catchment area, attracted by the wide range of choice, the competitive prices but above all the personal service. Demonstrating clear loyalty to the business many customers profess that ‘they would be lost’ if this business were to leave the High Street

Expansion Potential
There is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's products, combined with a capacity to increase turnover, a new owner contributing fresh ideas, will have every advantage of building on an excellent platform.

This business is located in an area undergoing considerable local development and regeneration. By linking in with local builders and developers and assisting with the furnishing of show homes, an area this in which this business has had considerable experience in the past, the profile of the business will increase even further and in particular amongst potential customers moving in to the area with a consequent impact on turnover and profitability.