Leasehold
Asking price includes:
Turnover circa £236,583 per annum
Gross Profit circa £91,135
Net profit circa £58,066
Adjusted net profit figure circa £92,952
Net asset value £5,000 (being stock & display items)
Well located showroom with warehouse
Prominent location with high levels of awareness yet low overheads
Superb reputation for design flair and flawless project management
Excellent growth and expansion opportunities
Established client/customer base
Excellent reputation
Good profit margins
Business profile:
This business opportunity was started in 1997 and is still run by the same husband and wife team. The showroom and warehouse has now been on the High Street for over twenty years and are an Independent Kitchen, Bathroom and Bedroom Retailer offering significant experience and expertise. The split of work is currently 95% kitchens and bathrooms for 95% domestic clients. However, the vendor has the skill to help with any job, whether large or small, and with the help of experienced tradesmen many other projects are undertaken, including all aspects of building works, extensions, orangeries, loft conversions, roofing, plastering, electrical and plumbing works, all of which are carried out to current regulations.
The established local reputation is important to the business and this is high-lighted by the high quality of the products, excellent customer service and quality control for all projects.
Customer Service:
The business is rightly proud of the excellent personal customer service it offers to its customers and has a wealth of testimonials at the showroom. This reputation has attracted many new referrals and repeat business.
Key Strengths:
This business operates from a very well designed, attractive, modern showroom that has recently been re-fitted, and also has additional warehousing at the rear. Very well known locally it is well positioned and benefits from a combination of high levels of passing traffic, low overheads and nearby parking. The business offers professional standards and pays particular attention to detail. As a result the business enjoys high levels of customer satisfaction and customer loyalty. With a constant need for this service and good trading history, there is a good forward order book.
