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Successful Independent Lighting Retail Group For Sale

Bristol City Centre, Bristol, UK
Asking Price:
£375,000 Furniture / Fixtures included
Turnover:
£800,000
Net Profit:
£120,000

Established over 20 years ago, this leading lighting retailer group with branches in Bristol, Taunton and Cirencester now for sale and ready for a buyer to take it on to further success !

The company operates with highly profitability and has earned a strong reputation across the South-West of England. The business covers a wide ranging customer base seeking lighting from across the design spectrum including:
- Classic
- Traditional
- Modern
- Fashionable
- Contemporary

Combine this with the company's remarkably strong and effective online presence and you can see that you will hit the ground running as the owner of a business that is set to continue growth over the coming years. The more you put into it, the more it will give back.

A primary edge is the self sourcing of 70% of the lighting products though long established supply routes from Chinese manufacturers. This broad product base is retailed directly to consumers with no direct competition and especially no competition from internet discounters.

The comapany has a strong social media presence with listings on:
- Google
- Instagram
- Facebook
- Bing
- Houzz

During the global pandemic, click & collect and direct shipping was established and this has become important to many customers , and probably will continue to do so once things return to normal. The company's website comes with these features, providing a real competitive edge in today's digital market.

The business boasts a central city location in Bristol with a large showroom and beautiful display windows. It is integral to the Gardiner Haskins new showrooms offering kitchens bathroom and bedroom and thus benefits from strong cross over business.

In Cirencester the business is a thriving outlet on the mezzanine floor of a larger DIY store in the heart of the town. This store has busy footfall and a very loyal customer base.

Taunton is a highly visible business on the main incoming trunk road to the town and which which has traded from the same location for over 40 years.

Also included in this fantastic sale are:
- Specialist lighting shop fixtures & displays
- Ongoing use of the brand
- Website

A company prospectus is available upon request. The current owners are committed to providing a full handover, including introductions to UK and overseas suppliers.

This really is a wonderful opportunity for a buyer(s) to take on something special. The company is a big name in lighting retail and is just waiting to be snapped up and taken to new heights!

Whilst acquisition of the whole business will afford the buyer the opportunity to maximise profitability on a large scale, splitting the business is a possibility the owners are prepared to consider.

For more information about this business, please contact us on this page.

Property Information

Property:

Leasehold

Location:

Central locations in Bristol, Taunton & Cirencester

Premises Details:

Large showrooms and beautiful display windows.

Lots of facilities for staff, including kitchen, WC and parking, as well as office space and storage room.

Business Operation

Expansion Potential:

This group is perfectly positioned for expansion having all the necessary importing and warehousing capability to service a much larger retail presence. Expansion from 3 retail outlets to 10 outlets can be implemented without delay.

Competition / Market:

Reducing number of retail competitors with Cirencester in an exclusive position, Taunton similarly exclusive within a 30 mile radius and Bristol with mainly John Lewis as the recognised competitor.

Reasons for selling:

Retirement.

Trading hours:

All stores operate 9am to 5pm Monday to Saturday with Sunday opening at Bristol and Taunton according to season

Employees:
12
Years established:
20+

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Full handover to the new owners, including introductions to the suppliers both in UK and in China.

Furniture / Fixtures value:
£25,000 - included in the asking price
Inventory / Stock value:
£325,000
Website:
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