Please Quote Reference B05890
Hilton Smythe welcomes to the market Niche Kitchens, an extremely well established and highly rated kitchen showroom, located on Burnley Road, Rossendale. The business was established over 20 years ago, with our clients taking over 3 years ago. Only now does the business come to the market as our client is looking to move abroad.
Niche Kitchens provides luxury kitchens of all different styles and sizes. Currently trading 6 days a week and generating a turnover of £167,000 per annum. Our client advises the business has not been given the push forward it deserves, therefore there is plenty of scope to improve the already thriving turnover. Advertising and social media would give the business a real boost.
The business already has an excellent review status with customers comments stating ‘No hesitation in recommending Niche Kitchens. From the beginning to the end, I cannot fault Niche’ and ‘Friendly service, helped to make my small kitchen feel 40 times bigger with great storage design and storage solutions. Absolutely Perfect!’ Our client is offering a hand over to ensure the continued success of the business.
Reasons to buy
- Excellent area
- Scope to increase turnover
- Low rent and secure lease in place
- Rates exempt
- Well established with a great reputation
This is a fantastic opportunity to acquire such a highly rated business. Viewings are by appointment only, to be arranged via Hilton Smythe.Location
Niche Kitchens is located on Burnley Road.
The business benefits from its own car park at the front of the premises and is just a 10 minute walk to the busy town centre.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
Rossendale is also well served by the a-roads, with the A681 and the A56 being within easy driving distance of the business, which links to the M65 motorway network.Premises
The business is very well presented and maintained throughout, with excellent eye-catching signage.
Large open plan showroom with ample display kitchens and stands. Consultation area with large desk and pc.
At the rear of the premises there is a store room and private office.
Assets included in the sale comprise of
Kitchen displays, sample books, furniture, computer and website
The business benefits from free parking at the front of the building
The building is secured with an alarm and shutters.Tenure
Leasehold with a 10 year agreement originally, 7 years remaining. With annual rent of £20,000 per annum.
The business also benefits from being rates exempt.Hours
The business currently opens:-
Monday to Friday 11.00am to 5.00pm
Saturday 11.00am to 4.00pm
The business is currently run as a partnership, therefore there are no staff members looking to stay employed.
The fitting is sub-contractedFinancial Profile
The annual turnover for 2018 – 2019 was £166,690 with a gross profit of £101,042.Please Quote Reference B05890