Business Summary:
Manufacturer, Designer and Fitter of Bedroom and Bathroom Furniture
Ref.IK218
Location Kent
Asking Price £175,000
This business was established over thirty years ago and operated by the current owners for the last fifteen years. This is one of the leading independent bedroom designers and fitters in the south east. With its showroom and manufacturing workshop located on a busy main road in Kent, the business benefits from its access to a number of highly affluent neighbouring towns and communities.
The business operates a free of charge design service that adds to the excellent reputation it has for customer service. The manufacturing side of the business adds a dimension that separates the business from local competition. Manufacturing its own product also has a positive effect on the profitability of the business.
Staff ensure all products are fitted to the highest standards and this attention to detail makes a big difference in terms of customer satisfaction.
By not cutting corners, the business has benefited from regular word of mouth recommendations generating new referrals and indeed repeat business.
Over the last few years, the business has received awards from interior design publications for the quality of its work.
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| Year
Business was Established: 1980 |
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| Number of Employees:
02 |
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| Facilities / Terms of Lease:
The business is situated on the edge of one of Kent’s major towns and benefits from high volumes of passing trade. The showroom is well designed and helps to demonstrate the quality of product that the business offers.
At the rear of the showroom there is a good sized manufacturing facility and storage area. There is also currently vacant space within the premises that would allow for expansion.
Rent is circa £20,000 per annum with rates of £5.500 per annum. |
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| Potential
Growth/Expansion:
N.A. |
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| Competition:
The business enjoys an excellent thirty year reputation in the area. The vast majority of its clients already know the business, are repeat customers or have been recommended to the business.
Advertising campaigns are restricted to local press and free newspapers as well as Yellow Pages. Occasionally the business is represented at county shows and fairs.
Although the business has a website there has to date been no investment in online marketing, which would obviously present new opportunities. |
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| Owner
willing to train:
The owner will offer a full handover and will provide any training that is required to ensure a smooth transition and continuity of trading. |
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| Reason for selling:
Having run the business for fifteen years, the owner feels that new owners will provide fresh ideas and energy that can take the business to another level. He also has property interests that he wants to concentrate on. |
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Seller Reference Number: IK218
BusinessMart.com Listing Number: 75977 |
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