turner-butler

Businesses are featured on

Businesses for Sale

Design, Supply & Installation of Quality Bespoke Fitted Kitchens

Ref. IK271

Location : Essex

Asking Price : £89,000

Turnover : £200,000

Net Profit : Undeclared

Gross Profit : £77,560

EBITDA : £26,782

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

Submit NDA Online
Submit NDA Offline
Print this page

Leasehold

Asking price includes:

Turnover circa £200,000 per annum
Gross Profit circa £77, 560 per annum
EBITDA £26,782

Prominent large leasehold showroom in excellent location
Well established - 1984
Work in progress
Excellent name and reputation
All year round business
Goodwill

Business Profile

Established in 1984, this family run business has built up an enviable name and reputation under the same ownership, for the design, supply and installation of quality bespoke fitted kitchens, offering a 1st class service at competitive prices.

Clients are split approximately 90/10 being primarily private clients with some commercial/building firms. Kitchen carcasses are bought in to order then designed and installed by professional and reliable fitters to suit individual lifestyles and enhance customer’s homes. The designer collaborates with customers to plan their perfect kitchen, taking into account both functionality and aesthetic appeal.

The business runs from a large showroom featuring displays of the finest kitchens and appliances in traditional and contemporary styles. Appliances are from quality brand names as the business is a main dealer for brand names such as Neff.

The business uses Sage for accounts.

Customer Service:

This is a family run business with family values. Customer service is personal and professional being second to none from enquiry, installation to after sales care.

Key Strengths:

• Design, supply and installation of the best quality bespoke kitchen furniture
• Excellent reputation for work quality
• Long established name and reputation
• Work in progress
• Repeat customers
• Website and domain name

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.

Turnover circa £200,000 per annum
Gross Profit circa £77, 560 per annum
EBITDA £26,782

Asking Price:

The Asking Price of £89,000 is for the assets and goodwill of the business inc. SAV.

Advertising and Marketing:

Advertisements are placed in the local paper plus there is a comprehensive company website detailing all products and services. Much of the business is gained from referrals from word of mouth recommendation.

Growth and Expansion:

This business is ideally positioned for new owners to expand upon the solid foundations and reputation the vendor and his staff have built up over the years.

There is excellent scope for continued growth with further marketing and sales input, plus possible the expansion of ancillary markets such as water softeners and kitchen accessories.

Premises:

The shop is situated in a main high street location with a large supermarket being built directly opposite that should dramatically increase foot fall.

The premises are a large leasehold showroom of approximately 750 sq. ft. with excellent kitchen displays plus a basement for storage. Annual rent is £8,160 with rates of £800.

Business Hours:

Monday – Friday: 9am - 5pm
Saturday: 10am - 1pm

Employees:

The two owners are responsible for the day to day running of the business as well as offering professional advice to clients while being supported by trusted and proficient sub contract fitters, tilers, plumbers and electricians.

Support and Training:

The owner would be happy to help with a smooth transfer of the business in any way possible.

Reason for Sale:

This is a genuine retirement sale for the owner

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk