Bespoke Kitchen Suppliers And Cabinet Makers | | Undisclosed Bedfordshire | | Bespoke Kitchen Suppliers and Cabinet Makers Ref.IK219 Location Bedfordshire Asking Price £195,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 39952
ADVERT IMPRESSIONS : 25,869 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Bathroom & Kitchen Retailers | | SALE: | Agent Sale | LEASEHOLD: | £195000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This company has been driven and managed with great passion and energy since 1999 by its two partners and staff with generic connections in the industry stretching back much further. During this time the business has developed an enviable reputation, both in its main geographical trading area and beyond. Economic performance has been steadily growing throughout, giving a solid platform for a new owner to develop further from.
The trading philosophy of the company’s owner has indeed been a simple one, delivery of excellent bespoke products at good prices by direct sales to the public sector, giving close attention to the detail of their quality products and cabinetry, which is complemented by an excellent choice of ancillary products. Apart from the beautiful range of bespoke cabinetry products which are manufactured on site, the company supplies products from manufacturer ranges which include:-
• Burbidge
• Marpatt
• PWS
A complementing major accolade which is worth making note of is the company’s recent coverage in Beautiful Kitchens Magazine. This 5 Page article features one of their high end kitchens in situ and extols the virtue of their quality work and capabilities, which range much further than the capabilities of most kitchen studio suppliers.
The business is located in a very attractive development which is rural yet easy to find. Indeeed, the leasehold buildings where they are housed have been a labour of love for the partners in themselves, having restored them from largely derelict conditions. This investment of time and money is now paying dividends in lower overhead ratios, whilst creating the ambience which their mid to high end clientele appreciate
This exciting opportunity has great merits for a new owner. The company is stable and profitable with great potential for further development, plus one of the partners has expressed a willingness to consider retention (by way of separate negotiation) to provide a seamless take up by the new owner(s)
Equipment:
The company owns and operates an inventory of equipment and machinery etc. in the daily smooth operation of its business.
All such inventory is expected to be included in a successful sales package.
Customer Service:
Dealing directly with the public, this partnership run business has always worked hard to develop relationships with their ever increasing customer base. This factor, along with their ability to produce quality manufactured on site cabinetry, has helped them to create an excellent reputation for customer service.
Key Strengths:
The key strength of this business must surely be its ability to manufacture quality cabinetry solutions which, when combined with other supplied solutions give the impression of a completely bespoke kitchen, as featured in the previously mentioned Beautiful Kitchens Magazine.
Growth and Expansion:
The business, although trading consistently, has spare production capacity and the new owner could tap in to this extra area for development by investing in more production and sales staff.
Premises:
As previously mentioned, the company’s premises have been the subject of major renovation work by the company and its partners, and now constitute an attractive Showroom with separate Workshop and Office.
The current lease runs until 2015 with annual rental coming in at approx. £15,300, with rates coming in at approximately £1030 per annum.
Business Hours:
Monday – Saturday: 9:00am – 5:00pm
Security:
The business premises benefit from the fitment of an alarm system.
Advertising and Marketing:
The company has designed and maintained an attractive and easy to navigate Internet Website, which enjoys good search engine ranking with Google.
The business is also advertised on Yell.com and a local Sunday newspaper.
Financial profile:
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.
Turnover for 2009 circa £280,000 with Gross Profit circa £127,000.
Employees:
The company currently employs 4 full time (including the two partners) and 1 part time staff.
Support and Training:
Full support and any necessary training will be provided during handover as part of a successful sale package.
Reason for Sale:
The wish for less overall responsibility. | | | | | | FOR SALE | | | | | REFERENCE: | IK219 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
