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Installation of Traditional & Contemporary Kitchens Bathrooms Business For Sale

(Ref: IK141)

London, United Kingdom

Financials

Asking price: £325,000

Sales revenue: £525,000

Net profit: £115,000

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
Bespoke Design, Supply & Installation of Traditional & Contemporary Kitchens, Bathrooms, Bedrooms and Home Offices

This business specialises in the Bespoke Design, Supply and Installation of quality Traditional and Contemporary Kitchens, Bedrooms, Bathrooms and Home offices. The showroom features superb displays that provide interior inspirations for customers.

Established in 1989, the business offers a wide range of styles plus a comprehensive service from design concept to completion. The professional team provide a free plan and design service and create beautifully fitted rooms to suit individual client requirements and budget.

Kitchens, Bathrooms, Bedrooms and Home Offices

Beautiful fitted kitchen, bathrooms, bedrooms and home office layouts are on permanent display in the extensive showroom along with a huge range of various accessories all the top manufacturers.

Planning & Installation

The business uses computer aided design and planning service. The latest technology inspires customers and secure sales with customers able to view room designs in 3D.

Quality Assurance:

The business is a member of the KBSA (the UK kitchen, bathroom, bedroom specialists association). All products and services are fully guaranteed.

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 current turnover is in excess of £525,000 per annum with a gross profit of circa £225,000.

Years established: 1989

Employees: The business employs two directors, a company secretary and a part time sales assistant.

Trading hours: Business Hours: Monday to Saturday: 10am to 5pm

Property: Leasehold


Location
The showroom occupies established leasehold premises which comprise of a ground floor and basement. The must see showroom is exceptionally well designed, well lit, bright and modern and displays the range of quality products with flair.

Centrally located in a prime retail position the business benefits from significant footfall and high levels of awareness from passing traffic and is within walking distance from Arsenal and Finsbury Park Stations and also served by several bus routes. Parking is available outside the showroom.

Expansion potential
This business has achieved an excellent reputation for quality and service with recognised business name. Consistent growth will be achieved by building on this success.

Competition / Market
Most of the business's turnover is generated through the current existing satisfied client base and word of mouth recommendation. The company has used limited advertising in the past. The only substantial advertising undertaken by the business has been in Yellow Pages and local directories. Increasingly, the superb company website is attracting enquiries for the products it showcases.

Reasons for selling
Other business interests.


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