For sale £248,000 - General Retail
Kitchen refurbishment business specialising in the supply and installation of high quality oak and stone worktops. Based in South West Hertfordshire in an affluent catchment area they have successfully built the business from scratch over the past 5 years. Leading with high quality granite and Oak worktops they also supply drawer fronts and doors and will address all areas of Kitchen design and refurbishment. As an independent company with an established supply of quality product they are able to offer the prospect of Granite & Quartz worktops at really attractive prices.
The business trades out of a High street location in a South Herts Market town. They have a small showroom displaying their ranges of materials and work, together with a small workshop to the rear.
Trading is 7 days a week, though the showroom is not staffed at all times. Current trading is ca £30 K per month and rising, gross margins are ca 25% and with fixed costs less that £1k pm net profits are around £8K per month
The current business owner runs the business on their own, and after building the business over the past 5 years following a recent change of circumstance now is the time to retire. Prior to the decision the owner was embarked on a strategy of expansion, including taking on a second leased high street premises. This can be part of the sale at the buyer’s discretion.
We believe this operation would suit someone already in the business looking to expand their current operation. Perhaps a partnership where one could offer permanent staffing in the showroom allowing the other more time for home visits.
The business is offered with all fixtures and fittings ready to trade, (full list available on viewing) Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
A full profile is available once a confidentiality & non disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
Enquiries to: David Howard City Business Brokers Northampton O: 01604 385040, M: 07794729634, firstname.lastname@example.org
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
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