Manufacturer and Retailer of Bespoke Furniture

Expressions of Interest By:

Offers Invited



DOWNLOAD NDA

Project Kent

Hilco is pleased to offer for sale the business and assets of an established UK Manufacturer and Retailer of Bespoke Furniture. The Company offers both bespoke and curated collections of standard furniture.

Business Highlights

  • Leading manufacturer of sofas and bespoke furniture for both commercial and retail applications.
  • Trading from a prominent showroom in the UK with an in-house manufacturing facility.
  • Offering a range of European furniture brands in addition to its own.
  • Providing a comprehensive service via expert in-house interior design team.
  • Owning a range of modern woodworking and upholstery machinery and ancillary equipment.
  • Modern fully fitted leasehold showroom.
  • Highly experienced and skilled team of craftsmen.
  • Turnover for year ended 30 September 2023 c.£9,6m (c.£14m to Sept 22)

Business Assets

  • Plant & Equipment: Modern woodworking machinery including band saws, planers, drills, sewing machines along with a spray booth and dust extraction system.
  • Stock: A range of raw materials and finished furniture stock with a cost price of c.£(TBC).
  • Leasehold Properties: Held on a lease for a term expiring in September 2024 at a rent of £1.3m per annum.
  • Intellectual Property Assets: The established brand name, web domain, copyright in the content of website, customer database, social media accounts.
  • Organisational Knowledge: An established and skilled team with proprietary know-how.
  • Goodwill: The valuable goodwill attaching to the business.

Sale Process

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 apercival@hilcoglobal.eu.

Terms and Conditions

No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco’s full Terms and Conditions apply.  Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.

Contacts

Myles Hall

Analyst

London Office

+44 (0) 7513 830357

mhall@hilcoglobaladvisors.co.uk

Roland Cramp MRICS

Managing Director

London Office

+44 (0) 7710 152668

rcramp@hilcoglobaladvisors.co.uk