Upmarket Nursery Children's Furniture Linen And Decor Showroom For Sale

Business description

Specialising in nursery and children's furniture, decor, linen and accessories.

Retail shop in upmarket, well known, popular centre. Centrally located and secure.

The showroom is aesthetically appealing and has a mezzanine level.

1 dedicated, trustworthy, capable and fully trained manager. She is capable of running the entire business if needs be, she works on a part-time basis at present ( half day and every 2nd week-end) - but is willing to take on full time role.

Exclusive, well-known, efficient suppliers with gorgeous products

Established client base, repeat orders and word of mouth referrals

Asking Price includes fixtures, fittings, showroom items, stock ect.

Massive opportunities for growth and expansion of business (will give new owners all opportunities to date)
The centre will allow for additional products lines ect.

Business works on a ordering basis - new owners will take over all existing/outstanding order - which is guaranteed income for 6 to 8 weeks.

Very little outlay for stock due to ordering procedure whereby all customers pay 50% deposits. As such cash flow is not affected by dead stock.

Full training provided.
Available Jan 2010

Property information

Real Estate:

Lease

Lease terms:

New owners will be required to sign their own lease which is usually 2 or 3 years.

Location:

Randparkridge, Lifestyle Garden Centre

Premises details:

The centre is upmarket, wellknown and centrally located.
Just off Beyers Naude Drive.
10/15 minutes from Fourways and Sandton
It is incredibly popular for families, moms and children which is ideal as this would be our core target market.
The centre is secure and well managed.

The shop itself is aesethically appealing with 3 separate entrances (only 2 in use at present). One of which has a stairway entrance which adds to its appeal. The shop is surrounded by massive windows which creates a nice atmosphere an ideal for window shopping and displays. It also allows natural light into the shop.

The shop has a mezzanine level and storage space. An aircon has also been fitted.

Size in square feet:

154

Other information

Expansion potential:

The business has potential to expand in various areas.

New products ranges (such as prams, car seats ect)
Additional furniture, linen and decor suppliers to offer customers greater choice.
Interior design service (which is a business by itself and will as a result increase shops turnover)
Additional Service Offering( such as installation, wallpapers ect)

Competition / Market:

There is one other children's furniture store in the area but they cater for a different market due to quality and price. The next closest store is in Fourways. The centre has an exclusivity policy and no-one else in the centre will be allowed to stock baby and childrens' furniture, decor and linen.

Support & training:

We will offer full training to new owners. (1 week) This will include introduction to all suppliers. Overview of all products, services and suppliers. Full POS traiing and accounts system Detailed procedure training ect

Reasons for selling:

Personal (health related)- will be discussed if with serious buyers.

Trading hours:

09:00am until 16:30 daily

Furniture / Fixtures value:

R160,000 (included in the asking price)

Inventory / Stock value:

R30,000 (included in the asking price)

Website:

www.lullaby.co.za