CONFIDENTIAL > Business For Sale in Norfolk

CURTAIN & BLINDS MANUFACTURER & RETAILER - CONFIDENTIAL SALE

A long-established and highly regarded curtain and blinds manufacturer and retailer located in Norfolk, East Anglia. This thriving business operates from well-equipped leasehold premises that include both a manufacturing facility and on-site showroom. A new full repairing and insuring lease has recently been entered into for an initial five-year term, with an option to extend for a further five years, providing long-term security for the incoming owner. The business is offered for sale as a going concern and includes goodwill, fixtures, fittings, and equipment, with stock to be purchased separately at valuation. Serving both private and commercial clients, it benefits from strong profit margins, bespoke in-house design and production capabilities, and a loyal base of repeat and recommended customers. This represents an excellent opportunity for an owner-operator or as a bolt-on acquisition for a larger group, with scope to expand further under new ownership.

PREMISES:

The business operates from a well-equipped showroom and manufacturing facility in Norfolk. The premises provide space for sales, manufacturing, and customer consultations.

ACCOMMODATION:

There is no residential accommodation included with the business.

KEY INFORMATION:

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business - including the business name, location and the accounts, we require you to complete a short online non-disclosure form. Please contact our office and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

REFERENCE NUMBER: MF35964E.

OPENING HOURS: Monday to Friday, 9:00am to 5:00pm. Saturday, 9:00am to 1:00pm.

TENURE: Leasehold. A new lease has recently been entered into on a full repair and insuring basis, for an initial 5-year term, with an option to take a further 5-years, and with the benefit of a 3-year tenant only break clause.

The purchaser will be responsible for the landlords costs and fees in connection with the assignment of the existing lease.

RENT PAYABLE: The lease provides for a starting rent of £26,000 per annum exclusive (pax) in year 1, £30,000 pax in years 2 and 3, and £36,000 pax in years 4 and 5. If the option to take a further 5-year term is exercised, the initial rent in year 6 will be £40,000 pax. VAT is payable in addition to the rental figures stated. A rent deposit will also be required: either 3 months' headline rent with a personal guarantee, or 6 months' headline rent without a guarantee.

RATES PAYABLE: The Business Rates statement for 2024 shows an amount payable of £3,149.94 for the year.

This information has been provided to us by the vendor, and any interested party is advised to enquire with the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: At the time of writing, the business employs 8 staff, 7 of whom are full-time and 1 part-time. The part-time role is split between showroom sales, external sales, fitting, and manufacturing in the workshop. In addition, there is 1 self-employed team member in the manufacturing department.

EPC: The Energy Performance Certificate shows a rating of 'B/46', full document available on request.

PRICE: £295,000 PLUS STOCK AT VALUATION.

Comprising the leasehold interest, business goodwill, fixtures, fittings, and equipment. Stock to be purchased separately at valuation upon completion. Business offered for sale as a going concern and not as a vacant premises.

VIEWING: Viewing is strictly by appointment only. Please contact us at your earliest convenience to schedule a time that suits you.

FINANCE: If you require assistance with business financing or commercial mortgages (subject to eligibility), we may be able to help. Let us know if you would like our support, and we will gladly put you in touch with our recommended whole-of-market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our specialty. If you're curious about its value, we offer a free, confidential valuation service. Simply pick the day and time that work best for you, and we will provide an honest, professional assessment. Feel free to get in touch with our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing each business in a way that truly stands out. Our listings include high-quality property details and comprehensive information across all major online platforms, as well as our own website. If you want your business to shine, call us to arrange a complimentary valuation.

DISCLAIMER:

1. MONEY LAUNDERING REGULATIONS: Prospective buyers will be required to provide identification documentation and proof of funding during the purchasing process. Cooperation is appreciated to ensure the sale proceeds without unnecessary delays.

2. PARTICULARS: While we strive to ensure all information is accurate and reliable, it serves as a general guide only. Should any particular details be of special importance, please contact us so we can verify the information before you travel to view.

3. MEASUREMENTS: Provided room sizes are approximate and intended solely for general guidance. Prospective buyers are advised to independently verify all measurements to ensure accuracy.

4. SERVICES: Please note we have not tested the services or any of the equipment or appliances.