Asking price: £45,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: £10,000

Stock value: Undisclosed

Franchise terms
A new franchise will be granted to the purchaser. The franchisee fee is included in the asking price. Full terms of the franchise agreement are available on request.

Business description
Kitchen & Bedroom Transformations franchise for sale with exclusive rights to the highly lucrative Richmond & Twickenham area.

Kitchen & Bedroom Transformation franchiseees are currently experienced high demand from customers who want to "improve" their homes rather than "move" and who want to save up to 70% off the cost of a new kitchen by transforming their existing kitchen - keeping their existing cabinets but fitting new doors, worktops and appliances as required. One franchise sold £85,000 of new business in October 08 alone.

This franchise is currently trading from a fully equipped and fitted showroom in Chertsey but not to anything like full potential. The business has a steady flow of customer leads from Yellow Pages, local newspaper adverts, the company web site (www.kabt.co.uk), passing trade and a steady flow of referral work from satisfied customers. The franchisee has recently generated many new leads by exhibiting at a recent Kitchen & Bathroom show in Surrey. All of this will mean the new owner will have the benefit of plenty of existing customer leads and can start making profitable sales immediately.

The selling price includes the grant of a new franchise agreement and full franchise package worth £18,950+ VAT which includes: all the showroom and portable samples, specialist tools, a professional CAD kitchen and bedroom design package (worth £2,500), shop signs, Sage accounting software package and online customer management software. The new Franchisee will also benefit from the use of use of a recently decorated and fully equipped showroom at a competitive rent.
The selling price also includes fixtures and fittings: showroom displays, furniture, office equipment and a sign written van.

The Franchisor will undertake all necessary training and on-going support which would normally be part of a newly granted franchise.

Years established: 2.5 years

Employees: 1

Relocatable: This business can be relocated.

Property: Leasehold

Location
The exclusive franchise area covers Chertsey, Twickenham, Richmond, Egham, Staines, Byfleet, Walton-on-Thames, Teddington and Hounslow. servicing a total adult population of approximately 4550,000 people.

Expansion potential
The exclusive territory is big enough to take a second showroom in due course, probably in the lucrative Richmond area.

Support & training
Full training and support offered by Franchisor. More details on request.

Reasons for selling
Due to personal circumstances of existing franchisee - more information available on request.

Related website: www.kabtfranchise.co.uk

Related documents

		Franchise Brochure

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