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Business for sale in United Kingdom - Ik225-kitchen and bathroom centre-birmingham, west midlands
| Asking Price: | 165,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 380,000 £ | ||||||||||
| Net Profit: | 50,000 £ | ||||||||||
| Year Established: | 2005 | ||||||||||
| Employees: | 3FT, 2PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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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. The company specialises in the retail sale and installation of cabinetry and appliances for kitchens and bathrooms, although they have also undertaken similar work for bedrooms and offices. Established in 2005 the business operates from its substantial two level premises which are very close to the main birmingham city ring road. The company operates a machine shop on the ground floor level and a large and well fitted out showroom on the upper level. The company’s business model is built around the “best price against quality” standard and offer their showroom customers a personal service which is far more knowledgeable than currently on offer from the “big box” stores. The company also has direct supply access to many of the major brands associated with quality kitchens, such as:- • smeg • baumatic • neff • whirlpool • new world the company and its premises have room to grow on both levels, where the machine shop on the ground floor, which currently makes side panels, drawers, edging etc. Has clear capacity for much more machinery and therefore to be able to handle far much more of the manufacturing process. The upper level showroom also has more room to expand into and is waiting for the new owners ideas. In summation, this business trades successfully from well located premises in birmingham, with room to expand on both manufacturing and sales levels. This offering will undoubtedly be of interest to investor/entrepreneurs in both the private and commercial sectors. We therefore recommend early inspection. 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: as previously mentioned, the quality of personal and knowledgeable service has built the business an excellent reputation, with much third party refferal and word of mouth recommendation.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Full support and any necessary training will be provided during handover as part of a successful sale package. |
| Reasons for selling: | The owner has decided to place the business for sale due to family commitments. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Current annual rent is approximately £25,000, with rates coming in at approximately £19,000 per annum. |
| Location: | The company’s leasehold premises are indeed substantial and laid out over two floors. The current lease runs until circa 2016, but has a break in circa October 2010. Current annual rent is approximately £25,000, with rates coming in at approximately £19,000 per annum. |
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