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Rare Furniture And Design Business In Solihull For Sale

Solihull, West Midlands, UK
Asking Price:
£34,995
Turnover:
£25,000
Net Profit:
Available on request

Rare furniture and design business – west midlands
Situated in the tranquil village of Earlswood
Advised annual turnover of £25,000
Low overheads and easy to run
Regular and repeat trade
Ideal lifestyle opportunity
Genuine reason for sale
LEASEHOLD


Location
This rare furniture and design business occupies a prime location within a craft centre in the picturesque village of Earlswood, Solihull which is in the West Midlands. The business premises are situated on a small business park, just off a main through road, with complimentary businesses and shops together with many affluent residential properties close by. Earlswood is surrounded by farm and woodland and the Stratford-upon-Avon Canal runs through it. The village is home to Earlswood Lakes Sailing Club, Earlswood Cricket Club and Earlswood Town Football Club. The business is accessed via the A435 connecting to the M42 and beyond. This is a truly tranquil and idyllic location for anyone wishing to take time out in a rural bolthole.


Business History
Meridian Business Sales are pleased to offer to the market this owner operated furniture and design business which was established by our client in 1998. Only now is the business reluctantly being offered to the market, due our clients desire to concentrate on other business interests. Since the business was established our client has invested time and money in the business and premises to the point where it is in full walk in condition. Currently the business is run at a pace that suits our client’s lifestyle meaning there is massive scope for a new hands on owner operator to further develop the business by increasing trading hours, offering online sales and updating the current website which may increase income. Our client informs us that the annual turnover currently runs at £25,000 with a gross profit of £20,000 which is derived from making beautiful bespoke furniture in all styles, in virtually any material, working from designs provided by both commercial and private clients. Our client enjoys a strong reputation within the local community and with commercial businesses throughout the Midlands and as such has a high level of regular and repeat trade. The business enjoys very low overheads with a rent of just £3,600 pa. The business is easy to run and is currently owner operated; our client is happy to provide training during the transition period. This is a superb opportunity to purchase a premium business in a truly tranquil and idyllic location and as such early viewing is strongly recommended to appreciate the location and potential of the business.

Financial Profile
Turnover: £25,000pa
Gross Profit: £20,000pa
Stock: (Approximately) £2,000

Tenure
We are advised leasehold
Original length: 5 years
Rolling lease
Review: 3 years
Rent: £3,600

Accommodation briefly comprising
The business is located within a craft centre and the accommodation consists of a workshop area and a storage area.

EXTERNAL
Private parking
Roadside parking.

Property Information

Property:

Leasehold

Contact Meridian Business Sales Ltd

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