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Design, Supply Installation Of Quality Bespoke Fitted Kitchens For Sale

Essex, Essex
Asking Price:
£89,000
Sales Revenue:
£200,000
Cash Flow:
Available on request

Established in 1984, this family run business has built up an enviable name and reputation under the same ownership, for the design, supply and installation of quality bespoke fitted kitchens, offering a 1st class service at competitive prices.

Clients are split approximately 90/10 being primarily private clients with some commercial/building firms. Kitchen carcasses are bought in to order then designed and installed by professional and reliable fitters to suit individual lifestyles and enhance customer’s homes. The designer collaborates with customers to plan their perfect kitchen, taking into account both functionality and aesthetic appeal.

The business runs from a large showroom featuring displays of the finest kitchens and appliances in traditional and contemporary styles. Appliances are from quality brand names as the business is a main dealer for brand names such as Neff.

The business uses Sage for accounts.

Customer Service:
This is a family run business with family values. Customer service is personal and professional being second to none from enquiry, installation to after sales care.

Key Strengths:
• Design, supply and installation of the best quality bespoke kitchen furniture
• Excellent reputation for work quality
• Long established name and reputation
• Work in progress
• Repeat customers
• Website and domain name

Financial Information:
The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover circa £200,000 per annum
Gross Profit circa £77, 560 per annum
EBITDA £26,782

Property information

Property:

Leasehold

Lease Terms:

The premises are a large leasehold showroom of approximately 750 sq. ft. with excellent kitchen displays plus a basement for storage. Annual rent is £8,160 with rates of £800.

Premises Details:

The shop is situated in a main high street location with a large supermarket being built directly opposite that should dramatically increase foot fall.

Business Operation

Expansion Potential:

This business is ideally positioned for new owners to expand upon the solid foundations and reputation the vendor and his staff have built up over the years.

There is excellent scope for continued growth with further marketing and sales input, plus possible the expansion of ancillary markets such as water softeners and kitchen accessories.

Competition / Market:

Advertisements are placed in the local paper plus there is a comprehensive company website detailing all products and services. Much of the business is gained from referrals from word of mouth recommendation.

Reasons for selling:

This is a genuine retirement sale for the owner

Trading hours:

Monday – Friday: 9am - 5pm
Saturday: 10am - 1pm

Years established:
1984

Other Information

Support & training:

The owner would be happy to help with a smooth transfer of the business in any way possible.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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