Luxury Furniture Store in Tottenham, North East London

Tottenham, Greater London
REF: R07231

Asking Price:
£149,995
Annual Turnover:
£204,000
Annual Net Profit:
TBC
REF: R07231

Overview

Tenure:
Leasehold
Established:
2019
  • Fantastic industry reputation
  • E-commerce website offering UK wide delivery
  • High-street showroom location
  • Strong supplier list
  • Both consumer and commercial client base

The business for sale offers luxury, high end furniture to both consumers and commercial clients alike. With a range of thousands of products, the business operates from both a high street showroom in North East London and a modern, e-commerce website.

 

The business has built up a stellar industry reputation for their quality furniture and fantastic value for money. With an amazing 5* rating on Google, their friendly, professional service has built up a returning and reliable customer base.

 

The business is for sale on a leasehold basis, including the majority of the stock.

Established for over ten years, the business for sale provides luxury furniture to consumers and commercial clients. With a high-street showroom and a modern e-commerce website – the business isn’t confined to the usual restrictions of a traditional shop. Offering UK wide delivery, the business has been able to widen their customer base, with their site currently having over 1,000 active users and accounts.

Whilst online shoppers are able to place orders 24/7, their showroom also opens six days a week between 9:30am – 6:00pm, positioned perfectly to take full advantage of the high levels of footfall and passing trade.

 

With a team of three professional and approachable full-time staff, the business has quickly built up a stellar reputation for its high levels of customer and high-quality products.

 

The business has built a large returning customer base and strong relationships with suppliers. The sale will include the majority of the furniture stock. Available on a leasehold basis.

This opportunity would be best suited to a purchaser with retail experience looking to take on a profitable enterprise. The business is already equipped with an order management system in place, meaning it is ripe for further expansion and growth.

 

A new owner could see increased sale from further online advertising, such as paid advertising through Google or social media. This would see greater website traffic and drive online sales.

 

Further expansion could be realised from extending the show room’s opening hours. Opening six days a week at present, an extra day of trading could boost sales and see even more profit. A new owner could also look to gain more commercial contracts with nearby businesses, resulting in higher quantities of large, repeat business.

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  • Busy, high-street location
  • Showroom located in Tottenham, London
  • Surrounded by various complimentary stores and businesses
  • High levels of footfall
  • Easily accessible via public transport
Rent
£16
Rates
TBC
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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