Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Kitchen And Bathroom Studio Design & Installation
LISTING DETAILS
Firms For Sale ID:
8132
Vendor reference:
IK230
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£175,000
Turnover / revenue:
£650,000
Net profit / cashflow:
£41,000
Years established:
12
Number of employees:
6
OTHER DETAILS
Reason for selling:
After a long and successful career the directors have decide to take early retirement.
Support and training:
There will be a full and professional handover available to the purchaser for a period to be agreed as part of the overall negotiations.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises will be available on either a leasehold basis for a rental figure of £18,000 per annum or alternatively as a freehold investment opportunity subject to a suitable purchase price being agreed
BUSINESS DESCRIPTION
Kitchen and Bathroom Studio Design & Installation
Ref.IK230
Location South Wales
Asking Price £ 175,000
This company was established twelve years ago by two individuals with a lifetimes experience in the fitted kitchen market place. They design supply and install kitchens to predominantly A, B, and C demographic households within a twenty mile radius of their well appointed town centre showroom. The average value of a kitchen is circa £11,000 with many being substantially more. The business has just been awarded a contract to supply and fit seven kitchens for a new development of houses with market values of around £1,500,000. Each installation will have a value of circa £40,000 and the work will continue throughout 2011.
They have excellent trading relationships with a number of suppliers including Crown, Chippendale and Prentice who provide handmade cabinets. Electrical appliances supplied are primarily NEFF and Hotpoint. In recent months the company has included bathrooms and showers into their range and this is proving to be a worthwhile strategy.
One of the reasons that this company has flourished where many others have failed is the all round service that they offer. Every aspect of renewing a kitchen can be provided including all the ancillary services such as plastering decorating, plumbing, tiling, electricity and gas. In short when they leave premises the job is complete.
Expansion Potential
Demand remains strong for the kitchens and the recent addition of bathrooms and showers will give the company great opportunity to revisit their database of satisfied customers with their new offering.