Business Summary
Asking price includes:
Current Turnover of approximately £420,000
Gross profit of £129,000
Supply, fit and design of quality kitchens
Prominently situated well-presented premises in excellent condition
Personal and professional service from enquiry to installation
A wide range of product styles and accessories
Individual design service available
Established client base
Training and handover
Leasehold properties
Advertising
Goodwill
Business profile:
This is a wonderful opportunity to purchase a well-established business based in Colchester. The business undertakes the design, supply and installation of kitchens and accessories.
The turnover has been consistent with an on going growth pattern, and still has potential to be increased. The business has been built on a reputation for quality products and excellent service.
The business has access to various manufacturing units for production of bespoke carcasses at excellent margins, to whatever size is needed. This gives complete control and cost effective production when replacing a unit or two, or installing a totally new kitchen from scratch, which can include all accessories and quality brand names appliances, giving true value for money.
Made to measure kitchen can be manufactured in any style, colour or size. Every prospective enquiry can be achieved, including replacing worn parts of kitchens, i.e. worktop, sink, and appliances only. This good, professional service enables potential customers to have all works carried out by one supplier.
The well-designed, classy showrooms perfectly target the market and exquisitely showcase the business’s exclusive and attractive products and functional accessories. There are displays of smart and sophisticated kitchens. Whether customers are planning a new kitchen or updating an existing one, the business offers a superb range of stylish, co-ordinated accessories to reflect individual style and personality.
Installations are designed to suit individual lifestyles and enhance customer’s homes. The business designer collaborates with customers to plan their perfect kitchen, taking into account both functionality and aesthetic appeal.
Components are combined to achieve an individual look that customers are after, innovation and excellence in every aspect of kitchen furniture. To achieve this, the business considers four factors, design and originality, functionality, practicality and budget.
Equipment:
The business is fully computerised and uses state of the art equipment for the design, supply and installation of all products.
Customer Service:
Company philosophy is to provide quality at an acceptable cost to customers and achieve a high level of customer service. As well as offering eye-catching, well-built, beautiful kitchens the business is also proud to offer value for money and a unique fitting and after sales care service to be proud of.
Key Strengths:
This business gained an instant reputation for customer satisfaction and affordability. It is an extremely lucrative business located in excellent trading positions and offers customers flexibility of styles and designs.
The close attention to detail and desire to satisfy has ensured business success. The business has in depth knowledge in quality planning and design, using innovative materials, precision workmanship and careful attention to detail.
Property Details
Other Business Details
Premise Details:
The business operates from leasehold premises located on a busy street. There is seven years remaining on a ten-year lease existing lease. Annual rent is charged at £16,937 including VAT. Rates are charged additionally at £5,638.
The premises measure circa 1,200 square feet in total, consisting of display areas, showing up to seven fully fitted styles.
Competition:
The company has a comprehensive website detailing all products and services, along with a glossy company brochure.
Expansion Potential:
The current market for this business’s products is growing and is forecast in the near and longer term for further growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Business Operation Details
Trading Hours:
10.00 am – 6.00 pm Monday – Saturday.
Support & Training:
Full support and training will be provided to the successful purchaser.
Miscellaneous Details
Reason For Selling:
The current owner wishes to pursue other business issues following the sale of the company.