For Sale Supply Installation Of New And Used Office Furniture

A retailer of new & used office furniture including desks, chairs & filing cabinets, primarily to commercial clients operating in a diverse range of sectors, such as legal, wealth management & automotive.

Based in the West Midlands, the company supplies primarily to this area, although it has serviced clients throughout the UK.

Provides a full turnkey service from initial purchase of products either in the company’s showroom or online, through to delivery & installation.

* Gross Profit: £380,000

* Adj. EBITDA: £215,000

* Key Aspects: The company has been a specialist in the office furniture sector for many years.. Has previously acquired another company, expanding its client base geographically.. Provides a comprehensive service to customers, designing spaces to customers’ specifications, delivering furniture & fitting according to CAD plans.. Sources a wide variety of products from suppliers which provide the best cost-effective solutions, building relationships in order to secure preferential rates.. Enjoys a variety of clients in a wide range of sectors & is not reliant on any single client.. Holds long-term relationships with several clients, with the top 10 averaging 8 years.. Newly launched website continues to be innovated in order to improve customer experience.

* Opportunities: Increase marketing ventures by focusing on specific geographical areas & industries, such as the educational sector.. Target the medical sector with the inclusion of medical grade coverings for furniture.. The provision of complementary, office related products, such as stationery, may enable both the company & its acquirer to market new products to both new & existing clients.. UK wide expansion is excellent rationale for an acquirer as the company has an established base in the West Midlands, which could be ideal for an acquirer with a distribution network.

* Potential Purchasers: Office furniture supplier.. Used office furniture supplier.. Stationery supplier.. Commercial office installer.. Service management company.. Retail furniture supplier.. DIY store.. Interior office designer.