Asking price: £75,000

Sales revenue: £275,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This business has a history which stretches back 24+ years, and has been dynamically run and managed by the current Directors for the past 3 years.

The company operates and distributes its products in the East Anglian region, and has developed a very good reputation for its level of service and flexibility of approach. The company specializes in the supply of Kitchen and Bathroom components and, among its wide variety of product offerings, enjoys protected dealership status within their local area for brands including:-

• Adam Furniture
• Astracast
• Carron Phoenix

The company has been trading at this level quite consistently over the years and a new owner may wish to expand the company’s marketing profile to increase turnover and profitability.

This opportunity will appeal to a wide range of potential purchasers both at corporate and individual level, therefore early viewing is to be encouraged.

Equipment:

The company owns and maintains an inventory of equipment and fixtures and fittings, to enable the smooth flow of the daily operations of the business. All such inventory is expected to be included in a successful sale package.


Customer Service:

The company has worked hard to develop and maintain its reputation for customer service and, to this end, they stand today with an undoubtedly enviable reputation.

Employees: The company currently employs 2 full time (including one Director) and one part time staff.

Trading hours: Monday – Friday: 8.30am – 5.00pm

Property: Leasehold

Lease terms
Rental is taken care of on an informal basis and comes in at circa £11,000 per annum, with reduced business rates coming in at an economical circa £ 600 per annum.

Location
The company currently operates from a shared site with one of the Directors other businesses. Offices are currently contained within a Portakabin type building and storage for stock is handled by the use of circa 1,600 square feet of ex shipping container space, although there is a purpose built circa 4,000 square feet Office/ Showroom currently under construction .

The location of the business’ premises is close to the main A47 in a lovely Village location.

Rental is taken care of on an informal basis and comes in at circa £11,000 per annum, with reduced business rates coming in at an economical circa £ 600 per annum.

Expansion potential
Even though we are encountering harder than normal trading times, this business has suffered little impact and indeed provides a strong trading platform for the future.

Competition / Market
The company has established regular contact with its database of customers by way of mail, but a new owner with fresh ideas and approach may wish to increase the company’s marketing outreach through advertising and marketing – particularly the development of an Internet Website, which would be a very useful tool in developing a larger customer base. The company has, however, recently entered into an Internet marketing programme through BT and Google

Support & training
Full support and any necessary training will be provided during handover as part of a successful sale package.

Reasons for selling
The current Directors feel that the time is now right for a new owner’s fresh approach and re-capitalisation.