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Scandinavian Furniture Business for Sale in City of London - Chase and Sorensen

City of London, London, ID 166551

Scandinavian Furniture Business for Sale in City of London - Chase and Sorensen 1
Scandinavian Furniture Business for Sale in City of London - Chase and Sorensen 1
Asking price:
GBP £75 000
Turnover (per year): £311 000 gbp
Net profit (per year): £50 000 gbp
Owner
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Description

CHASE AND SORENSEN IS AN ESTABLISHED BUSINESS WITH 15 YEARS OF TRADING, SPECIALISING IN VINTAGE SCANDINAVIAN FURNITURE FROM A PROMINENT LONDON E8 LOCATION WITH PREFERENTIAL RENTAL TERMS. The store offers a curated selection of original vintage Scandinavian furniture, lighting, and home décor alongside contemporary Scandinavian design pieces. Services include furniture delivery, selection, and sales, as well as bespoke furniture options. The business sources pieces directly from Scandinavia, maintaining competitive pricing. The business operates both a physical shop and an online platform, achieving consistent trading with a turnover of £311,000 in 2024 and an adjusted net profit of £50,000. There is further growth potential through the introduction of new product lines and an enhanced social media strategy. The sale is due to the owner relocating out of the country, presenting an excellent opportunity for a new buyer to acquire a well-established and profitable niche business in a prime London location.

Details

Real Estate: Lease
Reason for selling: Relocation
Asking price: 75 000 gbp
Turnover (per year): 311 000 gbp
Net profit (per year): 50 000 gbp

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