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Independent Quality Kitchen Showroom & Workshop - Bespoke  Design, Manufacture & Installation

Ref. IK278

Location : Surrey

Asking Price : £190,000

Turnover : £719,469

Net Profit : £27,221

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Asking price includes:

Turnover circa £719,469 per annum

Net income £27,221

Superb Showroom with kitchen displays

Fully equipped manufacturing workshop

Many years of successful trading

Experience and technical know-how

Excellent leasehold site (circa 4,500 square feet)

Design software

Superb reputation

Website

Business Profile

This company specialises in the manufacture, supply and installation of traditional and contemporary  high quality bespoke kitchens and bedroom cabinetry for the mid to upper range market. The majority of its work is in kitchen design, manufacture and installation, however they are also fitted kitchen experts, importing high quality pre-manufactured kitchens from Germany for installation. This ensures customers have the very broadest range to choose from.

This flourishing business has been established for over 20 years. With its own workshop on site this independent company manufactures cabinetry which is hand built by skilled craftsmen. Having grown into one of the area’s premier design centres for fitted kitchens, the business ensures a style and design that will work best for every client. The business operates from a fabulous facility with exceptional showroom and manufacturing all under the one roof. The showroom is fully equipped with fitted kitchens and displays – an endless selection of finishes in all ranges. There are also excellent supplier relationships in place for quality accessories and appliances that complement the installations.

Quality of product, personal service and after sales care have been the key to the success of this business and something the current owner takes particular pride in. All customers are treated individually. The business offers free surveys and quotations, designs are produced using the latest CAD technology incorporating Fusion digital software.

The business enjoys a considerable repeat client base and an enviable reputation which brings referral work in on almost a daily basis from this afffluent area of high net worth individuals. It has established a reputation for quality bespoke products and superior customer service, with free technical support and advice. This business covers the profitable mid – top end market and enjoys a high numbers of referrals.

No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The vendor is a cabinet maker by trade and he is supported by highly skilled and knowledgeable staff. This excellent business is a turnkey operation that is ready to go.

Customer Service:

Excellent customer service is developed from a strong personal commitment which is company orientated. The professional team considers simply that happy customers come back and on this basis has maintained levels of product and service quality intended to best guarantee this. The comprehensive guarantees of workmanship and after sales service gives the business a real edge in the market.

Key Strengths:

  • Over 22 years successful trading
  • Skilled staff including cabinet makers
  • Enviable reputation
  • Manufacturing workshop capability
  • Referrals
  • Full managed turnkey solutions
  • Superb high quality showroom
  • Full design capability
  • Professional, attention to detail, reliable in the extreme
  • Well established exclusive supplier/trading  relationships

Key Opportunities:

The business has enjoyed steady growth since inception and is well positioned to take maximum advantage of future growth as it occurs. Further increase in sales could be achieved by using the company name and making it into a brand that could go national or more broadly regional.

Adopting a more pro-active approach to sales and marketing could greatly improve the profits. Being a manufacturer is a definite advantage against any competition.

Financial Information:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business currently achieves turnover of circa £719,469 per annum. Current stock plus showroom assets are included within the sales price.

This family run business represents an ideal opportunity to invest in a well-established and highly equipped, reputable business with over 20 year’s experience and goodwill.

Asking Price:

The Asking Price of £190,000 is for the assets, stock and goodwill of the business.

Advertising and Marketing:

The business currently undertakes a limited level of advertising via local newspapers and regional lifestyle magazines. It also has its own professional website to showcase the exceptional kitchen designs on offer. There are excellent opportunities to increase this and  to market the business more aggressively.

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.

Premises:

The business is run from leasehold premises on a renewable lease with 5 year reviews.

Situated near a busy Surrey town there is excellent off road parking available.

The building comprises of circa 4,500 square feet including an excellent showroom and workshop facility. Rates are circa £5,000 p.a.

Employees:

The vendor works within the business full time and employs the following  personnel.

1- Full Time Designer

1- Showroom Manager

1- Part Time Accounts person 

There are 4 self-employed personnel

3- Cabinet Makers

1- Paint Sprayer

Support and Training:

The owner will provide all necessary training and handover to allow continuity of trading and a smooth transition of ownership.

Reason for Sale:

Retirement

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk