IK278-Surrey-£190,000-Quality Kitchen Showroom & Workshop

Surrey, United Kingdom

IK278-Surrey-£190,000-Quality Kitchen Showroom & Workshop

Asking Price:$268,766

Cash Flow:$38,505

Gross Revenue:$1,017,731

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1996

IK278-Surrey-£190,000-Quality Kitchen Showroom & Workshop

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Business Description

Independent Quality Kitchen Showroom & Workshop - Bespoke Design, Manufacture & Installation
Ref. IK278
Location : Surrey
Asking Price : £190,000
This company specialises in the manufacture, supply and installation of traditional and contemporary high quality bespoke kitchens and bedroom cabinetry for the mid to upper range market. The majority of its work is in kitchen design, manufacture and installation, however they are also fitted kitchen experts, importing high quality pre-manufactured kitchens from Germany for installation. This ensures customers have the very broadest range to choose from.

This flourishing business has been established for over 20 years. With its own workshop on site this independent company manufactures cabinetry which is hand built by skilled craftsmen. Having grown into one of the area’s premier design centres for fitted kitchens, the business ensures a style and design that will work best for every client. The business operates from a fabulous facility with exceptional showroom and manufacturing all under the one roof. The showroom is fully equipped with fitted kitchens and displays – an endless selection of finishes in all ranges. There are also excellent supplier relationships in place for quality accessories and appliances that complement the installations.

Quality of product, personal service and after sales care have been the key to the success of this business and something the current owner takes particular pride in. All customers are treated individually. The business offers free surveys and quotations, designs are produced using the latest CAD technology incorporating Fusion digital software.

The business enjoys a considerable repeat client base and an enviable reputation which brings referral work in on almost a daily basis from this afffluent area of high net worth individuals. It has established a reputation for quality bespoke products and superior customer service, with free technical support and advice. This business covers the profitable mid – top end market and enjoys a high numbers of referrals.

No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The vendor is a cabinet maker by trade and he is supported by highly skilled and knowledgeable staff. This excellent business is a turnkey operation that is ready to go.

Detailed Information

Employees:
7
Facilities:
The business is run from leasehold premises with 3.5 years remaining on a renewable lease with 5 year reviews. Situated near a busy Surrey town there is excellent off road parking available. The building comprises of circa 4,500 square feet including an excellent showroom and workshop facility. Rates are circa £5,000 p.a.
Competition:
The business currently undertakes a limited level of advertising via local newspapers and regional lifestyle magazines. It also has its own professional website to showcase the exceptional kitchen designs on offer. There are excellent opportunities to increase this and 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.
Growth & Expansion:
The business has enjoyed steady growth since inception and is well positioned to take maximum advantage of future growth as it occurs. Further increase in sales could be achieved by using the company name and making it into a brand that could go national or more broadly regional. Adopting a more pro-active approach to sales and marketing could greatly improve the profits. Being a manufacturer is a definite advantage against any competition.
Support & Training:
The owner will provide all necessary training and handover to allow continuity of trading and a smooth transition of ownership.
Reason for Selling:
Retirement

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Reeta Verma

Business Listed By:
Reeta Verma

Turner Butler

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