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Premium Kitchen & Bathroom Retailer QUICK SALE REQUIRED

Undisclosed, Relocatable
Leasehold Price:
Offers Invited
Status
FOR SALE
Advert ID
222427
Reference
BMB10583 / Rightbiz

Business Overview

BuyMyBiz is exclusively retained to find a purchaser for this high end kitchen and bathroom business. Over the past 13 years, our client has built a business with a strong brand and reputation offering high end solutions for their customers kitchen and bathroom needs. The business is involved in all aspects of the process, including: the design, the supply and the installation of kitchens and bathrooms. The business also offers a design and supply only service for retail clients who already have their own tradesmen. With a double fronted showroom located on a busy high street, the business is positioned in an area populated with a high level of affluent residents.

Significant Goodwill & Business Reputation

The business has developed significant goodwill and a strong reputation over its 13 years of trading, along with consistent financial performance and year on year profit growth. Due to the high customer service levels, the business also has a significant level of repeat customers with typical installations for kitchens ranging between £25,000-£80,000 per installation and between £12,000-£35,000 per installation for bathrooms.

Year on Year Financial Growth

Reason for Sale

After running the business for over 13 years, our client believes the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.

This Business is Relocatable

The Opportunity

Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.

  • Excellent Goodwill & Reputation
  • Established Brand & Business Process
  • Profitable Business
  • Loyal Customer Base
  • Year on Year Growth
  • Scalable Business

Price

Offers are invited for the shares in the business from a suitable buyer. The vendor is happy to facilitate a mutually agreeable handover period.

Offers are invited for 100% of the shares in the business plus net assets

(All offers to be based on a cash free/ debt free basis)

The Next Steps

On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.

Listing Details
Leasehold Price: Offers Invited
Tenure: Leasehold
Location: Undisclosed, Relocatable
Sector: Kitchen Businesses, Bathroom Retailers, Retail
Financials
Annual Turnover: £1,350,000
Annual Net Profit: £290,000
Key Features
  • Offers Invited
  • Company for Sale
  • Attractive Business
  • Central Position in Affluent Village
  • Accounts Available
  • High Turnover
  • Established Business
  • Unique Business
  • Prime Location
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: BMB10583 / Rightbiz

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