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Design and installation business / ideal for expanding operator
Year end income c. £240k with high net profit margins
Excellent reputation for build quality and customer service
Reference - 47054
Description Never available before opportunity to acquire a well-established business specializing in the design, supply and fit of high-end bathrooms, kitchens and fitted bedrooms to the residential market. Having successfully operated since 1981 this highly regarded business enjoys an extensive and loyal client base receiving frequent referrals and recommendations.
The business is owner run to constantly maintain the highest attention to detail to ensure that the client receives superb products and service. We have been advised that almost all the fitting is carried out by two experienced craftsman who have been with the business for several years. The business also works with architects, interior designers and developers to create quality bathrooms and kitchens using some of the very best products on the market
The business benefits from a showroom which is set up to display several the most popular bathrooms and kitchens along with variants such as taps and tiles and worktops. The business attracts high levels of regular and repeat custom from the overall reputation the company has gained over many years within the area. We have been advised that most of the work is carried out within a 25-mile radius of the shop.
In our opinion this is an ideal opportunity for an enthusiastic, experienced designer or fitter who can move the business on to the next level and build upon an already well-established client base which has been built up. This is a lucrative business which represents a fantastic opportunity for an ambitious and focused hands on owner.
Accounts Profit and loss accounts can be requested by genuinely interested parties.
Trading Hours The high street unit is open Monday to Saturday from 09am to 5pm.
Sales Income for a twelve-month period ranges between £200,000 to £245,000 with high net profit margins making it an ideal purchase for a hands-on operator.
Staff Run and managed by the owner on a day to day basis who carries out most of the site visits and estimates. The business employs two experienced fitters.
Building Internal Spacious, bright and airy ground floor outlet which provides a welcoming feel when entering from the street. The showroom is set up to display several bathroom and kitchen options which are changed on a regular basis. We have been advised that many clients are seen in their own home.
Building External The business operates from the ground floor of a mid terraced property on a parade location which benefits from free parking and is situated amongst other independent retailers and national chains along with flats above.
Tenure We have been advised the that a new 5-year lease is being negotiated as of April 2019. The current rent is £7,500 per annum.
We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary This is a first-class business opportunity for an ambitious hand on owner who could truly exploit the business to its full potential given the excellent foundations which have been built since the business was established in 1981 and is only being offered for sale due to retirement.
A meeting with our client is highly recommended to fully appreciate the overall business set up and the quality of the products supplied, along with examples of work which have been carried out over recent months.
Services Supplies 3D cad design which gives the customer an insight into the finished room. Complete installation including all plumbing, plastering, tiling, Gas and electrics with final testing & certificates. Supply & fit or Supply only on all home improvements Bespoke, one off designs Design and installation Fully fitted kitchens Bathroom equipment Shower rooms Wet rooms Bathroom furniture Bathroom suites Bathroom tiling Bathroom makeovers Fitted bedroom furniture
For more information about this property, please contact Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)
Contact Kings Business Transfer about this property
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