Assets Sold

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An excellent opportunity exists to purchase the business and assets of a well-established bedframe & mattress online retailer. The business primarily operates direct to customer via their own ecommerce website attracting more than 10k visitors per month.

Operating from a 50,000sq.ft leasehold HQ premises, the business employs various multi-disciplinary experienced staff and account managers.
The business has traded successfully in recent years but has encountered cash flow problems as a result of the Covid-19 pandemic and Brexit resulting in higher freight costs.

- 50,000sq.ft Leasehold HQ
- Direct to Customer revenue stream
- Multi-disciplinary experienced staff
- Average Turnover c£7.81m (Last 3 Years)
- Average Net Profit £216k (Last 3 Years)

Interested parties are requested to specifically deal and formally register their interest with Kevin Counihan at SIA Group, who are acting as Agents on behalf of the proposed Administrators.

A sale will be executed at the earliest opportunity. All expressions of interest must be registered by no later than 8 November 2022.