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Supplier of kitchens bedrooms and bathrooms in an undisclosed location with over 1700 clients

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £1,700,000 (£32,692 per week)
  • Profit: On request

Key Features

  • Offers Invited

Business Details

Supplier of kitchens, bedrooms and bathrooms

The company provides the supply and installation of high-quality and affordable kitchens, bedrooms and bathrooms, alongside supplying an extensive range of complementary individual items for sale, such as tiles and accessories. The business serves private and trade sector clients, with projects for domestic clients currently accounting for circa 80% of present sales.

The company is now being offered for sale as the shareholder wishes to pursue alternative, unrelated ventures.

Offers invited.

Key Highlights

- Currently works with 1,700 active clients, receiving a significant volume of referral custom due to high-quality end products.

- Success rate of over 70% from client enquiries.

- Established social media presence with a large following.

- Scope for growth on a national scale by opening showrooms further afield.

- Works with a network of skilled subcontractors to undertake installations and carry out design work, enabling the company to flexibly scale its workforce to work on small and large projects.

- Operates from fully equipped leasehold premises based in North East England, with scope for expansion.

Financial Highlights

- YE25 turnover of £1.7 million, with an adjusted EBITDA of circa £248k.

- Shareholder funds have demonstrated year-on-year growth, standing at £446k as of YE25.
 

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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 'Supplier of kitchens, bedrooms and bathrooms - 158328 / 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.