Established Kitchen Design & Custom Soft Furnishing Business in Alton Hampshire
Alton, Hampshire
- Status
FOR SALE
- Date Submitted:
22/06/23
- Advert ID
515413
- Reference
BPD2310268 / Rightbiz
- Call Agent:
- Leasehold: £99,950
- Turnover: £400,000 (£7,692 Per week)
- Net Profit: On request
Key Features
- Attractive Business
- Price Reduced
- Established Business
- Prime Location
- High Turnover
- Unique Business
- Town Centre location
Business Details
Kitchen Design & Interior Soft Furnishing Business in Alton, Hampshire
• Prime Location, Alton town centre, Hampshire
• 2 inter-linked retail units, impressive showrooms, with ample storage space and office.
• Fully refurbished, to very high standard, new kitchen & soft furnishing displays.
• Strong supplier relationships, top quality kitchen appliances & soft furnishing brands.
• Great potential for future growth, including year on year sales growth to £400k v £250k LY.
Situated in Alton town centre, Hants, this business benefits from a prime location that attracts a discerning stream of customers who appreciate premium quality interior solutions and kitchen design.
The services include the design of bespoke quality kitchens featuring top-of-the-line appliances, high quality Italian porcelain flooring, made-to-measure soft furnishings, to cater for the diverse needs of clients.
Annual sales are c£400K v £250K last year, and there is tremendous room for further growth by leveraging social media platforms, implementing proactive advertising campaigns.
The two retail units have been fully refurbished to a very high standard and the business sale includes brand new high-value kitchen display units, top-quality showroom accessories, soft furnishings, stock, fixtures, fittings, and accessories.
There is also ample storage space upstairs and a workshop that supports the creation of bespoke soft furnishings. Both interlinked retail units are leased for a combined lease of £25k per year and currently there is a 5-year lease with 2 years remaining. The landlord pays for insurance and water.
The current owners are looking to sell the business due to their relocation to pursue another family business interest.
So, contact us today to learn more about this exciting business opportunity.
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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