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Business for sale in United Kingdom - Ik220-kitchen appliances, worktops & fitments internet online supply company retail/trade-nottinghamshire/derbyshire

Asking Price: 395,000 £ Real Estate: Lease
Sales Revenue: 1,600,000 £
Net Profit: 180,000 £
Year Established: 2000
Employees: 5FT, 1PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of Nottingham/Nottinghamshire

Business types:

Retail

Business categories:

Hardware Stores ; Home Furnishings ; Internet; Online Retailers ; Other Retail Trade

Business description

Turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. this business is a leading specialist in built in kitchen appliances and can only be described as a winner in its sector, having been grown organically from the experience of its principal in the kitchen fitment arena since 2002. as the business has grown and developed with the ever changing market conditions, more emphasis has been placed, year on year, on internet sales. The dynamic of this initiative has resulted in the company s website becoming extremely well visited, and this site is the subject of constant review and upgrading to maximise and optimise its performance. the simplicity of usage of their internet shop is further augmented by the fact this company is currently believed to be the only site to offer an expansive range of kitchen appliances, sinks and taps plus worktops. Other product lines are also sold, which include very popular plinth heaters and waste disposal units. the range of household brands represented and sold by the company is impressive indeed and far too many to detail here. the company also has developed a healthy trade through its trade counter at their warehouse storage facility, which is nicely located close to a large and well known swedish household effects store. this is a genuine and very sensibly priced offering which represents great opportunity to investors and entrepreneurs in both the commercial and private sectors. We expect strong interest in this well run business, and we would therefore recommend early inspection to appreciate the strength and potential of this offering. equipment: the company owns and operates an inventory of equipment and machinery etc. In the daily smooth operation of its business. all such inventory is expected to be included in a successful sales package. customer service: put together a comprehensive list of brand named appliances and fitments, couple that to a more expansive range of product varieties (including worktops), and finish off the package offering with a nationwide delivery service to the homes of their retail customers, and you have a customer base that truly appreciates this winning formula.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: The Vendors now wish to take up a change of lifestyle with more focus on their family.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The premises are leased until 2013 with a break point in 2011. Current annual rental is circa £15,000, with rates coming in at circa £5,600 per annum.
Location: As previously mentioned, the company’s base is located in an industrial warehouse type premises located close to a very popular Swedish big box retail store, selling goods into the same and parallel markets as this business. The premises are leased until 2013 with a break point in 2011. Current annual rental is circa £15,000, with rates coming in at circa £5,600 per annum.

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