Business Summary
Asking price includes
Includes sales of circa £ 706,400
Established for thirty years
Includes all equipment
Knowledge based software assistant
Excellent reputation
Room for expansion
Commitment to quality and service
Precision workmanship
Unpatented technical know- how
Excellent growth opportunities
Training and handover
Business profile:
Established in 1974, this family run business has since grown in size and stature to become one of the leading suppliers and fitters of kitchen furniture and appliances, which complement traditional, modern and contemporary ideas. The business prides themselves on the well-designed, spacious showroom it offers clients, displaying a range of attractive and functional equipment that is exquisitely showcased.
The business owns the exclusive dealership for a high quality range of German kitchen appliances and is in the enviable position of having very little competition and many high profile clients. The business has found that even without employing any technology, business turnover is still high, making this a hugely successful business. The business’s top account holder has an annual turnover of £238, 806.44.
Key assets are found in the business’s long-established relationships, well-defined customer base with high repeat sales, and its ability to serve clients, supplying the business with a definitive competitive advantage.
The business’s staff are extensively trained and meticulous, with many years on-the-job experience. Staff ensure that clients’ individual needs are met, and that close attention to detail is maintained through the entire process. All work is undertaken under strict quality guidelines, and rigorous quality inspections are completed before final delivery to the client, ensuring exquisite workmanship.
The business ensures an excellent approach and line of communication with their clients at all times. Staff are flexible and adapt easily to industry trends and innovations. Furthermore the staff are meticulous in the manner in which the work is carried out, all the while ensuring that a personalised and professional service is provided at all times
This is a perfect opportunity for first time buyer wanting to buy an established, profitable business for expansion or a company presently in the business that wishes to expand by obtaining the businesses strong client base and qualified employee's.
Customer Service
•Personal and individual service
•Excellent lines of communication
•Prompt and original planning
•Efficient delivery times
•Business aware of market trends
•Quick response time to queries and complaints
•Only quality materials used with the correct specifications
•Excellent relationship with manufacturers
Key Strengths
•Personal and friendly service
•Commitment to providing a quality service
•Highly skilled and qualified workforce
•Thorough and efficient service
•Careful attention to detail
•Precision workmanship
•Reliable office staff
•Excellent reputation
•Health and safety awareness
•Established for thirty years
•Loyal and dedicated staff
•Excellent relationships with clients and suppliers
Key Opportunities
•Excellent opportunity to further advertise the business
•Scope to invest extensively in technology
•Excellent opportunity to employ further staff members
•Scope to further the retail range kitchens
•Excellent opportunity to open on weekends
•Opportunity to offer a further product range
Property Details
Other Business Details
Premise Details:
The business operates from freehold premises, which are currently under offer. The new owner of the premises has indicated that there is a retail shop for lease to the new business owner. The business covers an area of circa 8500 square foot and consists of a showroom, offices, workshop and a store. There is room for expansion and for redesign of the premises
Competition:
The business advertises its services through the use of direct mail and leaflets and brochures. The high profitability of the business is mainly as a result of word of mouth recommendations, bearing strong testimony to the high reputation the business enjoys, and the extent to which its brand name is known throughout the industry.
Further and more assertive advertising, utilising methods that include leaflets, non-print media, a business website or marked vehicles would expose the business to a much larger segment of the market
Business Operation Details
Support & Training:
The owner is happy to assist with the handover and training
Miscellaneous Details
Reason For Selling:
The owner wishes to retire