Kitchen, Bathroom & Bedroom Supply & Installation Company
Location : Widnes ,Cheshire
Asking Price : £49,000
Turnover : £207,000
Net Profit : Undeclared
Gross Profit : £78,000
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Leasehold
Confidentially offered for sale
Turnover circa £207,000 p.a.
Gross Profits circa £78,000 p.a.
All stock, fixtures and fittings etc.
High profile leasehold high street location
Almost 30 years of successful trading
Modern showroom facility
Established customer base
Training and handover
This business was founded in 1986 by the Vendor and has grown considerably since inception. It is now a renowned and well respected business within the area, with a reputation for the quality and variety of its products and services it supplies. The business prides itself on offering customers the personal touch and provides a full turnkey solution (design, supply and fit) should customers require.
The full range of services include the supply and installation, where necessary, of;
• Full kitchen service including refurbished kitchens
• Full bathrooms, including wall and floor tiling, and ceilings.
• Full bedroom suites
Kitchens and kitchen refurbishment- Create your own individual kitchen. The business makes units to any required height, depth and width, so clients can maximise valuable storage space. With made to measure doors the company can refurbish existing kitchens, giving a brand new look whilst clients save money on not having a complete kitchen installation.
• Some 1300 door variations in Woods, Laminates and MDF s. Definitely a style to suit every taste, from a traditional look to modern whites, pastels and shakers.
• Rigid carcasses in high density laminated board, with solid construction drawer boxes on metal runners.
• Options include soft-close doors & drawers, pvc-edged & colour co-ordinated units.
• Huge range of worktops & appliances.
• Choose from a large range of sinks and accessories to give the perfect finishing touch.
Bedrooms- Solid construction robes with backs, made to suit. The company can supply to any height and width to give maximum storage, with a wide range of internal fitments and variations. An extensive variety of made to measure doors furnishes the customers with a bedroom they always dreamed of, combining style with practicality.
Bathrooms-The company does not supply bathroom components for DIY or give a fitting only service, but rather offers a full package of design, supply and installation. Essentially they will strip out the existing room and then refit it. The service can include ceiling cladding, lighting, wall tiling, laminated or tiled floors, underfloor heating and all necessary joinery, plumbing, electrical and/or plastering work.
The company enjoys a prime retail location on a very busy thoroughfare, close to the supermarkets and other major retailers in the town. There is ample parking in the surrounding streets that makes it highly accessible. There is also an excellent frontage and a well laid out showroom area. Clientele have the opportunity to browse both the contemporary and traditional kitchen/bathroom/bedroom and accessory designs as well as having the opportunity to speak with staff regarding installations and browse the latest catalogues from leading manufacturers.
The business serves a wide range of domestic clients throughout the region and caters for most tastes. Turnover comprises 40% bathroom sales, 45% kitchens with the remaining 15% being made up of bedroom related sales. The vendor has been involved in the business since its first days of trading and can offer considerable advice and information concerning all aspects of the business and the area it serves. He is happy to provide a comprehensive handover to the new owner.
The business is an excellent opportunity for any investor seeking to invest in a successful business that enjoys relatively low overheads, achieves impressive profit margins and has an in depth knowledge about their products and significant scope for future development.
The business considers simply that satisfied customers come back and on this basis has maintained levels of product and service quality intended to best guarantee this satisfaction. The results of this commitment are evident in the degree of return custom and the high level of new business coming from referrals. It prides itself on offering a personal service from design, measurement through to final installation.
• Quality of Work
• Turnkey Solution
• Range of services, refurbishment or new
• Installation team
• High profile location with showroom
The business would certainly benefit from increased use of IT as this would enable further customer development, improved profitability and efficiency. There is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business s products, a new owner contributing fresh ideas and energy will have every advantage of building on an excellent platform. The company’s informative website has recently set up a presence on social media, which is expected to increase demand moving forward.
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 for last financial year circa £207,000 p.a.
Gross Profits circa £78,000 p.a.
Offers in the region of £49,000 are Invited for the assets, stock and goodwill of the business
The business currently undertakes a limited level of advertising and very occasionally local newspapers. There are excellent opportunities to increase this and to develop a more interactive internet presence so as to enable online sales and enquiries as well as to market the business more aggressively.
A high proportion of the business s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and referral business.
The business has enjoyed steady growth over the years without really having a dedicated sales and marketing strategy. A more active approach to sales would certainly increase revenues, the current market for this business s products is strong and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
The business relocated to new premises in 2013. These leasehold premises are prime retail and give the business excellent exposure and increased footfall, such is its location in the town. Premises comprise ground floor showroom, offices, kitchen and stores. Total floor area is circa 1,440 square feet. The showroom has excellent frontage and signage.
Monday – Saturday 09.00-17.00
The owner runs the day to day operations and is assisted by his partner who is employed by the business and looks after the sales/showroom. The business also utilises two fully qualified and experienced fitters, who are self-employed but have worked on a full time basis within the business for a number of years. The fitters carry out most installations and understand the business’s commitment to quality. The business also has a pool of suitably qualified and trusted tradesmen to carry out other services, as required. All staff have long standing and loyal relationships with the business.
The current owner will provide all necessary training and handover to allow continuity of trading and a seamless transition of ownership. This should a be a relatively simple process.
Genuine retirement sale.
Energy Performance Certificate Rating F
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