Business for Sale in England: Kent - VERY PROFITABLE FURNITURE HIRE BUSINESS - Business: £325,000

Key Information

Hire Businesses
England: Kent
Leasehold, Relocatable
For Sale
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Currently based in leased storage/warehouse premises in the Dartford area of North Kent, this highly successful business could be operated from any suitable location in and around London and the South East region.

Established in 2009, the business supplies furniture to the office, education and event market. Currently the business concentrates entirely on the more profitable non-domestic sector such as schools, universities, banks and solicitors. Over recent years, there has been almost no need to advertise with a steady stream of work through repeat customers and recommendation. The business has built an excellent reputation for supplying a quality product on time and at a competitive price.

Most contracts are in the Central London area and the South East of England although some are a little further afield. There is great potential to grow the business through increased marketing and promotion or by supplying the domestic market. All furniture stock is owned by the company and is valued at more than £150,000. This hire stock is included in the sale price of the business and there are also 4 company vehicles with a combined value of approximately £20,000.

No specialist expertise or prior experience of the trade is required. We understand that the new owner will simply need good managerial and organisational skills along with the ability to deal with high-quality corporate customers. The vendor is willing to offer training and assistance to the new owner along with an extended handover period to ensure a smooth transition following the sale of the business.

This is clearly a very profitable business. We are informed that hire sales for the year ended February 2019 were approximately £222,000 producing a net profit over £125,000.

Ref: M34041Z Leasehold £325,000

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