Profitable, well established, well known home fragrance manufacturer. Manufacturing a large range of premium quality scented candles, diffusers, room sprays, pillar candles, fragrance oils & Botanical candles. Establish in 2015, the brand has grown significantly and has a long standing trade & fast growing retail customer base. Operating 2 very successful websites, one for wholesale & one for retail. Fully relocatable business to an experienced buyer.
- Asking Price:
- £395,000 Furniture / Fixtures included
- Turnover:
- On request
- Net Profit:
- £69,784
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
On the 3rd renewal of the lease signed for 3 years from 01.04.2022. The current lease has expired and running on a monthly basis.
- Leasehold Rent:
-
£25,172 per annum
- Location:
-
4000 ft2 leasehold factory unit based on a small well-kept industrial park very close to town.
- Premises Details:
-
4000 ft2 with office & mezz. floor storage. Lease legally agreement expired 01.04.2025 & is now on a rolling monthly basis. Therefore there is no obligation to fulfil an existing term.
- Size in square feet:
- 4000 ft2
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business is a mix of manufacturing both the branded ranges & contract/white label products. The potential for expansion of both would be unlimited.
- Reasons for selling:
-
Both founding owners are now approaching retirement & feel that the new world of digital/social media marketing is a little beyond their reach.
- Trading hours:
-
Monday - Thursday 08.00 - 18.00
- Employees:
- 2
- Years established:
- 11
Other Information
- Support & training:
-
The current owners would agree to a 3 month handover experience where the finer details of the business would be imparted in full.
- Relocatable:
- This business can be relocated
