IK282-Hampshire-£120,000-Manufacturer, Retailer of Furniture & Kitchen

Hampshire, United Kingdom

IK282-Hampshire-£120,000-Manufacturer, Retailer of Furniture & Kitchen
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Asking Price: Get Financing: $159,428

Cash Flow: $87,685

Gross Revenue: $467,657

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2001

IK282-Hampshire-£120,000-Manufacturer, Retailer of Furniture & Kitchen

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Business Description

Manufacturer, Importer & Retailer of Furniture & Kitchens
Ref. IK282
Location : Hampshire
Asking Price : £120,000
This company specialises in the import and manufacture of home furniture and the design, manufacture and installation of traditional and contemporary, high quality kitchens for the mid to upper range market. They are fitted kitchen experts, creating designs to suit specific requirements, this ensures customers have the very broadest range of options to choose from.
This robust but under exploited business has been established for over 16 years. The extensive kitchen showroom is fully equipped with fitted kitchen displays, highlighting a selection of styles and finishes that have always appealed to the company’s high net worth clients. There are also well established excellent supplier relationships to complement the installations.
Passion, quality of product, personal service and after sales care have been the key to the success of this business and something the current owners takes particular pride in. All customers are treated individually. The trading philosophy of the company’s owners has indeed been a simple one, delivery of excellent products at good prices by direct sales to the public, giving close attention to the detail of their hand made products along with almost infinite choice.
This exciting opportunity has great merits for a new owner. The company is stable and profitable with great potential for further development.
The business is managed by a Father and Son team and began as a wholesale business with a requirement for alterations and customisations that soon led to the decision to manufacture and provide customers with exactly what they wanted.
Products include:
• Tables • Chairs • Sofas • Beds • Staircases • Floors • Kitchens • Accessories

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Facilities:
The business trades from a fully serviced modern Factory unit, on a development of similar high end type units in a rural location in Hampshire. The premises consist of a superb two storey showroom, along with the necessary Reception, Showrooms, Factory, Stores and Offices. The total floor area covers circa 4,800 square feet. Rent and rates currently payable are approximately £9,700 per annum combined. However, to the benefit of a new owner, the vendors are confident that a new lease can be arranged as part of a successful sale package.
Competition:
The company produces good quality brochures, and a website has been developed and is maintained by the company. The primary marketing tool is word of mouth, which is actively engaged in by the community of loyal customers and clients.
Growth & Expansion:
The current owners manage this business very much as a lifestyle and it is possible with a more aformal approach to management, to agree to the significant work that is currently turned away and quickly double both turnover and profits.
Support & Training:
The current owner would be happy to provide full training and support at handover.
Reason for Selling:
The vendor wishes to pursue other interests.
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Contact the Seller

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Reeta Verma

Business Listed By:
Andrew Hudson

Turner Butler

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