Business Summary:
Manufacturer and installer of Kitchen & Bedroom Furniture
Confidentially offered for sale
Ref. no:IK251
Location: Surrey
Asking price: £385,000
Established almost thirty years ago – following a very successful career for one of the Owners with one of the leading national kitchen manufacturers, this business has grown to become one of the leading bespoke manufacturers of kitchen and bedroom furniture in the south east of England. Re-located to its current site approximately twelve years ago, the business almost exclusively serves the retail sector, having just one trade customer. As well as installing its own ranges, where the vast majority of its turnover arises, the business also works on a supply only basis.
This business adopts a totally flexible approach to projects. It offers a free design service working very closely with its customers to create well designed and cleverly planned fully fitted kitchens and bedrooms. Operating from a very well suited production facility with a large, well presented showroom on-site and a further High Street showroom in a nearby village, this business displays its own range of kitchen and bedroom styles reflecting traditional, modern and contemporary tastes – all carefully chosen to meet the demand from the densely populated local catchment area of mid market, mainly medium sized houses.
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| Year
Business was Established: 1980 |
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| Number of Employees:
6FT |
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| Facilities / Terms of Lease:
The business has recently opened a new showroom in a nearby village. Approximately 900 square feet in all, the showroom is in a prominent secondary retail position, benefiting from high levels of awareness and good footfall.
With a three year lease, Rent is £10,700 per annum with Rates approximately £2,000 per annum.
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| Competition:
Well established and enjoying high levels of awareness and repeat business from previous customers the business invests carefully in marketing and advertising. Very effective directional signage including a highly targeted presence on a large roundabout close to the location of a major competitor, ensures high levels of awareness and traffic to the main showroom. Its second newly opened showroom widens its geographical presence, as does its implant in a locally based major electrical appliance retailer – secured on a commission only basis.
The business also has a very well designed and informative website, however, by far the most effective form of marketing for this business is the excellent referrals it receives from existing customers delighted with the quality of product and high levels of customer service they have received.
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| Owner
willing to train:
The current Owners will provide full business familiarisation, training and handover to ensure a smooth transfer of the business to new Owners. |
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| Reason for selling:
The owners wish to sell due to ill health |
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Seller Reference Number: IK251
BusinessMart.com Listing Number: 93429 |
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