OVERVIEW: Well established Kitchen and interiors business, Sales and designs to custom order, high margin business opportunity doing show room sales and fixed clients from the construction industry, having a large base of individual residential clients. The business has its existing orders and orders in pipe line which come with the business. The business in a very good location facing the main road A5. Outside large shop frontage can be used to advantage for advert windows fetching good income of £40000 P.A as well as increasing the retail orders.
TRADING & BUSINESS: Annual turnover currently runs at £1,100,000 One Million One Hundred thousand with a high margin of which is derived from the sale of Full kitchen fittings and hardware. Stock approx. to £200 000 which would be additional. The show room is open from Monday to Saturday from 9.30 to 06.00 Sunday closed.
THE PREMISES: A large showroom of 5000 square feet approx. on ground floor with CCTV, glass facade for displays, air-conditioned, 5 car park for customers, parking bay for the deliveries, electric shutters, kitchen pantry, toilets.
TENURE: Leasehold 25 years long lease rent review done in 2017.
FINANCIALS: The rent and rates are very reasonable as compared in to the area, Rent £44000 P.A, Rates £18000 P.A
PRICE: Goodwill for the business £695 000 plus the stock.
TRAINING: Training and support will be provided from the vendor for two month
Number of Employees: 3
Support & Training: Two Months
Leasehold Term: Leasehold 25 years long lease rent review done in 2017