An opportunity has arisen to acquire a well-known furniture business operating with an ecommerce sales channel and store concessions. Established in 2018, the company offers fast delivery of modular sofas that can be assembled with no tools, fitting into any space.
Headquartered in London. As well as a commercial site, it operates from concessions at seven UK locations plus one Pop Up store
Revenues for FY22 of £20m+
Assets include: stock holding with cost price of £2m gross value; trade marks, patents and domains; and customer mailing list
55 employees with considerable industry experience
Fully modular products with multi-functional components
Market leading ecommerce presence with opportunity to drive more growth through offline channels
Led by management team with 50+ years of experience in the furniture industry
Sources product from manufacturers across the globe (including the UK & EU)
Outsourced warehousing of volume storage and pick & pack
Customer delivery is facilitated by multiple partners to ensure flexibility and speed
Rated 4.5 on Trustpilot (1k+ reviews)
It is anticipated that the purchase will take the form of either an equity or business & asset sale.
SALE PROCESS AND FURTHER INFORMATION
Offers Invited
On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to [email protected] and [email protected]
