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20-Year-Old Kitchen Design & Installation Business in Gloucestershire - Trusted by Public, Private, & Contractors

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    20/09/22

  • Advert ID

    500539

  • Reference

    B06947 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £550,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Kitchen Designer And Installer

Business
Please quote reference B06947

This Gloucestershire-based Commercial kitchen design and installation company serves many sectors, with a very high number of contracted clients. With demand for its services exceeding capacity, there is real potential to scale up and increase profits further.

Founded nearly 20 years ago, this kitchen design and installation business has a superb reputation in Gloucestershire and surrounding areas.

The broad client base encompassing public sector, private sector and building contractor clients is largely made up from repeat business, with 60% of turnover derived from contracted clients.

The business is currently unable to meet the high demand for its services. This is an opportunity for a new owner to upscale, meet demand and grow revenues.

Highlights -

  • The business offers a full service and many income streams, including design and installation, product sales, aftercare, compliance checks and turnkey services.
  • Regular clients include schools and NHS hospitals, the hospitality sector and national UK building contractors.
  • 70% of revenue comes from repeat business, with 60% from contracted clients.  
Opportunities -

  • Upscaling and meeting demand
  • Developing existing services – for instance preventative maintenance servicing
  • Offering more peripheral, high-margin products
  • An increased focus on marketing (which is currently very limited) to broaden reach


Location
The business is based in Gloucestershire



Premises
Operating out of a rented premises. 



Tenure
Business premises will be offered on a new lease, with terms to be agreed



Hours
Due to the nature of the business, it trades all year round. 



Staff
Small team in place. 



Financial Profile
  • 2022 turnover IRO £1,900,000. 
  • 100% share sale
  • Prospective purchasers will be required to sign an NDA




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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Kitchen Designer And Installer - B06947 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.