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Retail And E-Commerce Teak Garden Furniture
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $352561
Net Profit / Cash Flow $36858
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Following the sale the vendor is prepared to remain with the business for a period of time to ensure a smooth handover.
Reason for Sale This is a genuine retirement sale, the owners being now in their seventies.
Description Retail and E-Commerce supplier of Quality Teak Garden Furniture FSC certification (responsibly sourced wood)
Ref.AG134
Location Devon
Asking Price œ 60,000
This is a family run business which has been trading successfully for many years. The business is based in the south west and is fully re-locatable.
The company specialises in selling sustainable, outdoor, luxury teak garden furniture, built to the highest standards to ensure a long life in an outside setting. The furniture is absolutely top quality and carries a 6 year guarantee and yet is still priced competitively.
The business has exhibited annually for many years at major UK flower and garden shows and earned a reputation for the quality of its product and sustainable wood sources, although the owner generally runs the business to suit his lifestyle.
All furniture is imported from an Indonesian factory with whom the company has a long-standing business relationship. The company has a long standing and highly trained quality control manager in Indonesia to ensure quality, good communications and shipping.
The business cycle is that in October/November the owner looks at YTD sales and places the orders for the following year in accordance with an import schedule. Generally this results in around 3-5 20 ft containers per year with 1 in March and 2-4 in spring and summer. Delivery time is around 3 months from time of order
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