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  • Listing ID: 2282420
  • (Seller ref: DDSS)

Established Dream Doors Franchise In Leigh On Sea For Sale

Leigh On Sea, Essex
  • Under £50K
  • (Furniture / Fixtures included)
Turnover:
£200K - £500K
Net Profit:
Under £50K


Business Description

One of the longest-established showrooms in the Dream Doors network is now on the market. The existing owners, who bought the franchise from its founders three years ago, are reluctantly moving on due to ill-health. Trading since 2005, Dream Doors Leigh On Sea is situated in a recently refurbished showroom on the busy A13 London Road. And it presents a wonderful opportunity to take on a franchise with the UK's largest kitchen facelift retailer.

This business is perfect for a couple or a determined individual who enjoys domestic sales, is creative and well organised. Kitchen industry or sales experience really isn't necessary as full training is provided by the franchisor – a full BFA member and multi-award winning brand.

If you're interested, you could take over an established business that, with full-time hours and a commitment to following the Dream Doors model, could make you your money back in a year! In fact, it would cost you less than it would to start a new Dream Doors franchise from scratch, but without the stress of setting up and opening the showroom.

The business includes:
- a fully-fitted showroom in a fantastic location, with one of the lowest rentals in the UK
- all fixtures, fittings, stock, inventory
- a turnkey operation with £250,000+ spent in local marketing over the last 11 years
- the complete Dream Doors franchise package (see franchise prospectus for more details)
- support from an award-winning, full BFA member franchise, and the biggest name in kitchen facelifts

If you're looking for a proven business, one that gives you support and backup so that you're never alone, and can return a six-figure income if you work hard, then contact Dream Doors today. Just fill in the form at the bottom of this page.

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Property Information

Property:
Leasehold
Leasehold Rent:
£9,000 per annum
Location:

Set in the popular Essex coastal town, the business trades in the complete SS postcode area, covering towns such as Basildon, Rayleigh, Wickford and the postcode town itself, Southend-on-Sea.

The SS postcode area has an above average population, with more than half-a-million residents. Of those, more than 40% fall into Dream Doors' core demographic of over 45 year-old homeowners. In fact, with over 90,000 pensioners, the SS postcode area has one of the highest number of core customers of any Dream Doors territory.

The showroom itself is in a wonderful position on the busy A13 London Road, but with parking right outside. Thousands of cars drive past the showroom every day. In fact, thousands of cars - and buses - have driven past every day for the last ten years!

And that's one of the main sources of customer enquiries.

Like all Dream Doors franchisees, the businesses current owners track all of their leads and sales to determine where the best source of advertising is. Along with the normal newspaper and local magazines, many customers say they saw Dream Doors while they were on the bus, or when they stopped outside the showroom.

You might imagine such a prominent position would command a high price. But it doesn't. The showroom costs just £770 per month!

Premises Details:

The showroom has several kitchen displays and was refurbished just a few months ago.

There is a working staff kitchen, toilet and plenty of storage area. What's more, there is parking to the rear of the showroom for the owners and staff, as well as space for a skip.

Energy Performance Rating:
C

Business Operation

Expansion Potential:

There is huge scope for expansion from this business. The current owners are struggling due to ill-health and personal pressures. With new owners focussed on the business and fully committed to following the model, turnover could be trebled and profits could top six figures. How can we prove that? Well, those numbers are being achieved by other franchisees in areas with far fewer potential customers.

Competition / Market:

While there are other kitchen companies in the area, and some that offer door swaps, there is no like-for- like competitor to Dream Doors. As the only national kitchen facelift retailer - and a multi award-winning brand - customers prefer the reputation and quality assurance that only Dream Doors can deliver.

Reasons for selling:

Ill-health and personal reasons.

Trading hours:

Mon, Tues, Thurs, Fri 9:30 to 17:00 / Sat 9:30 to 16:00 / Currently closed Weds and Sun.

Employees:
None, just self-employed kitchen installers
Years established:
11

Franchise Terms

Franchise opportunity:
Yes

Five years with no fee to sign for another five-year term. The franchise fee is included in the price.

Other Information

Support & training:

Full training by the franchisor is included as part of the sale, as is ongoing support from experienced members of the head office team. This comprises: 9-days residential training for two people at Dream Doors' head offices in Hampshire (accommodation is included); three supplier training days; health & safety training; best practice events with top-performing franchisees and the head office team; one-to-one support in Leigh On Sea (one day per week for the first 6-8 weeks, one day per fortnight after that, then once a month after your first full year) as well as your own dedicated Business Development Manager.

Financing available:

Yes, through all the major banks that support franchise lending.

Furniture / Fixtures value:
£30,000 (included in the asking price)
Related Documents:

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