13707 I / RightBiz
Hilton Smythe welcomes to the market Fanfare Interiors Ltd. The business was originally established in 1975 and was taken over by our client and relocated in 2000. Since then our client has expanded the business to a very high standard. The owner now looks to sell the business; due to the desire to focus on other business interests. The business runs as a soft furnishings retailer. They offer an exceptional range of products, this includes fabrics, wallcoverings, cushions, blinds, tracks, poles and all sorts of accessories. They also specialise in the production of custom made curtains, loose covers, pelmets, valances, bedspreads, headboards and many more soft furnishings. They cover a large area of the South West peninsula, taking in Cornwall to the West and up to Yeovil in the east. A consultation service is available free of charge to customers at their homes. Fanfare offer products from designer brands, this includes Cole & Son, James Brindley of Harrogate, Anna French, Nina Campbell, Liberty, Romo, Harlequin, Brian Yates, Lorca and many more. Fanfare Interiors Ltd generated an advised turnover of around £176,000 as of the 2016 accounts, with a gross profit of 45%. This is a healthy turnover, with scope to be increased. Although, the business receives a generous amount of repeat loyal trade. We feel the purchaser should look to arrange contracts with local building firms. Offering their services for show homes could allow for a generous amount of trade. The business has a website, this has been completed to the highest standard. This can be found at www.fanfareinteriors.co.uk. The site is easy to use and has an online enquiry form for potential customers to fill out. The business has a Facebook page, this is regularly updated and has over 150 followers. Social media is a great cost effective way to market a business. This is a fantastic opportunity that would be ideal for a husband and wife team or partnership. The business has been well run and comes fully equipped. Hilton Smythe highly advise early viewing to take in the full potential of the trade.
Leasehold Price: £49,950
Location: Newton Abbot, Devon
Sector: Furniture Businesses, Soft Furnishing Businesses
Annual Turnover: £176,065