Importer Wholesaler of Home Goods - Furniture, Rugs, and Accessories Business for Sale, Relocatable
Relocatable
- Status
FOR SALE
- Date Submitted:
24/03/23
- Advert ID
510601
- Asking Price: £200,000 (Stock at valuation)
- Turnover: £450,000 (£8,654 Per week)
- Net Profit: £50,000 (12% Profit margin)
Key Features
- Accounts Available
- Established Business
- Attractive Business
- Offers Invited
Business Details
Importer Wholesaler Of Furniture, Rugs and Home Accessories For Sale
Asking Price: £200k
Turnover: Over 450k
Net Profit: £50k
For sale is a well-established industry brand in the home furniture sector. The brand is known for its development and distribution of high-quality homeware products to retailers throughout the United Kingdom and Europe. The company has built a solid reputation for providing a dependable service and over 250 premium products, resulting in long-standing relationships with key clients for over five years.
With an active client base of 150 retailers, the brand benefits from high retention rates and ongoing business. The company's small team handles the day-to-day operations, making it an excellent opportunity for an existing importer or wholesaler looking to expand their brand portfolio or a B2C retailer looking to branch into wholesale.
The current owner is selling the brand to focus on other endeavors. Asking price is available upon request. The business's turnover currently exceeds 450k.
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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