Archives

Home / Portfolio
VEX00862 – Interior Designer Homeware & Furniture

VEX00862 – Interior Designer Homeware & Furniture

VEX00862 - Interior Designer Homeware & Furniture Vexus Corporate Limited

VEX00862 - Interior Designer Homeware & Furniture Vexus Corporate Limited
Download Business Details Now

VEX Ref: VEX00862

ACTIVITIES: Interior Designer Homeware & Furniture

LOCATION: France

TURNOVER: circa €28,000,000

 

THIS IS A DISTRESSED ASSET SALE OPPORTUNITY

Business Overview

Vexus is exclusively retained to find a buyer for this industry leading designer Homeware and Furniture business. Over the last 40 years, our client has built a consumer homeware brand comprising of a significant portfolio of own design products. Aimed at both the consumer and hospitality sector, the products follow the latest trends and customer demands in interior design.

The business operates Internationally supplying circa 5,700 independent interior designers and homeware retailers with unique design products across three key brands.  Approximately 3,300 of these retailers are based France with a high proportion of remaining retailers spread across Spain, Portugal, Italy and Belgium.

Acquisition Opportunity

  • Existing Homeware business
  • Online Retailer
  • Private Equity / Investor Turnaround

Significant Online Opportunity

Within the business is a highly experienced and regarded team of 6 senior managers who operate the business on a day to day basis. The current Managing Director has been with the business for many years, the founder and business owner is not involved in the daily management of the company. The workforce comprises of 100+ staff, many of which are long serving employees.

  • Fully Proven, Successful Business Model
  • Significant Goodwill and Intellectual Property
  • Established Brands & Reputation
  • 5,700 retail customers
  • Highly Knowledge Workforce of 100+ staff
  • Turnaround Opportunity

Financial Overview

Year End December 2013 2014 2015 2016 2017
Sales Revenue €30,558,788 €31,114,036 €30,971,242 €30,266,416 €27,760,656

Current Assets & Inventory Value €6 million plus €1,700,000 plant & Equipment

During October 2018 the business entered a formal process of ‘SafeGuard’ administration under French law. The owners are currently seeking a purchaser or investor for the business.

The Next Steps

On completion of our Non Disclosure Agreement we will be in touch shortly with further information. A select number of meetings will be held with the client throughout November.

THIS IS A DISTRESSED ASSET SALE OPPORTUNITY