Asking price: £110,000

Sales revenue: £220,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Design, Supply & Installation of Quality Home Libraries Offices Kitchens & Bathrooms

This successful company, designs and supplies custom built quality kitchen and bathroom furniture with all the latest hi-tech appliances and accessories. The business also undertakes small refurbishments and offers quality installation in all its work and now has a proven history for providing a first class service.

The Company has an established client base of many of satisfied customers, with references available. All aspects of work are undertaken inclusive of electrics, plumbing, fitting and building work and the Company strives to provide excellence and complete customer satisfaction.

Kitchens and bathrooms are important in the home and this business aims to make the whole process of buying a new kitchen or bathroom as stress free as possible, the Company offers total project management from conception to completion. Customers are always looked after, from the enquiry stage to the post installation stages, giving total peace of mind.

The business takes pride on its well-designed, stylish and exciting showroom that perfectly targets the luxury kitchen market and exquisitely showcases the business’s exclusive and attractive products and functional accessories.

A visit to the Company showrooms gives customers a good feel for the range and quality of the products on offer. The business offers a free survey and a no obligation design service. Each drawing and design is individual, with great care and attention taken to ensure that the design not only looks pleasing to the eye but will also be functional.

The superbly designed showroom is fully fitted and equipped with propped displays and Computer Aided Design technology; this gives customers the chance to see a quality computer image of the kitchen or bathroom design and gives the business the definitive competitive advantage. Fully qualified fitting teams with extensive training are used for the installations.

Kitchen and bathroom designs are created to suit individual lifestyles and enhance customer’s homes. The business designer collaborates with customers to plan their perfect kitchen or bathroom, taking into account both functionality and aesthetic appeal.

The components are selected that combine to make an individual kitchen or bathroom and achieve the look that customers are after, innovation and excellence in every aspect of kitchen and bathroom furniture. To achieve this, the business considers four factors, design and originality, functionality, practicality and budget.

The business offers excellent potential and great opportunities to expand upon its loyal client base. Client satisfaction is maintained at all times, and this constant commitment to quality and excellence has achieved a reputation second to none.
Equipment:

The business uses state of the art computer systems for design and display of all kitchens and bathrooms. All clients are kept on a comprehensive database.

Customer Service:

Company philosophy is to provide very high quality products at an acceptable cost to customers. Unlike many competitors the business will not compromise on service to customers, or the quality of products on offer, there is little doubt that this has encouraged and sustained client confidence and loyalty. The Company have an after sales service that is second to none and a history of successful past kitchen and bathroom installations; this is verified by the fact that seven out of ten of the Company’s customers are gained through recommendations.

Key Strengths:

This Company is highly innovative and uses the latest materials and technology available in the market. The kitchens and bathrooms created cater for all tastes from the classic and traditional to the innovative and highly original and can be supplied in a choice of colours and materials. The business also has in depth knowledge in design and supplies working drawings for customers. So much of life revolves around the kitchen; it is often described as the focus of a home and a statement of individuality, the designs produced have both appeal and ambience.

This is an extremely lucrative business, the Company has an experienced and knowledgeable sales force and the pricing structure is competitively placed, not the cheapest but not the most expensive.

The close attention to detail and desire to satisfy has ensured business success. Deliveries and installations are always on time every time with the fitters completing a check- list for the customer to ensure complete satisfaction.

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.

The business is financially stable and the turnover for 2006 was in excess of £632,000.

Employees: The business is owner run with three teams of sub-contracted fitters.

Trading hours: Tuesday – Saturday 9.00 am – 5.00 pm

Property: Leasehold

Lease terms
Annual rent is charged at £20,000 per annum with rates charged additionally at £6,820 inclusive of a small business discount.

Location
Based on a busy high street in the centre of Battersea, the business operates from leasehold premises on a ten-year lease. Annual rent is charged at £20,000 per annum with rates charged additionally at £6,820 inclusive of a small business discount.

The premises measure at circa 45 square meters, consisting of the shop, office and showroom.

Expansion potential
There are many excellent avenues for growth, especially with new products, operations capacity and specific market forecasts, which are showing early trends for significant growth and development.

Competition / Market
This business has built up a strong marketing base and promotes its products through the Local press. A large percentage of new clients derive from recommendations and the business continues to attract new customer referrals. The Company has a professionally designed website that is successful in generating potential customer interest.

Support & training
Full support and training will be provided to the successful purchaser.

Reasons for selling
The current owner is selling the business due to other business commitments