Business for sale

Business description

Operating since 1992, this business is very well established within its local marketplace as one of, if not the leading design centre for fitted kitchens, bathrooms and bedrooms in West Surrey. Operating primarily within a twenty mile radius of its Head Office, this business attracts Clients from some of the most affluent areas of Surrey, Hampshire and South West London including Camberley, Winchester, Putney right down to Guildford and from all the towns and villages in between.

Both a retailer – offering a supply only service for the competent DIY Client but with the vast majority of turnover arising from design and fit projects, this business operates from approximately 2,000 square feet of very well suited, leasehold premises. The showroom is packed with designer fitted kitchens, bathroom and bedroom displays – a wide selection of sinks, taps and accessories, door styles, baths, sanitaryware, shower systems and cubicles, ceramic tiles and flooring.

Friendly, personal service has been the key to the success of this business and is something the staff take particular pride in. All projects are treated individually with bespoke designs developed from manufacturer templates. The business offers free surveys and quotations. Designs are produced using the latest software including Planit, Virtual Worlds and Kitchendraw which is linked directly to the manufacturers systems ensuring smooth production from detailed designs. All aspects of a job are managed with a clear commitment to detail – from the initial design, supply and fit to include all plumbing and electrical work. The business will even carry out minor building works where it is integral to the project, calling upon a number of highly experienced and skilled sub contractors.

This company’s philosophy is to provide the best quality, design and installation of middle to top range products and specializes in those British and Continental suppliers who most fulfill this criteria including Cuisines Schmidt, Crown and Chameleon. Comprehensive appliance ranges include De Dietrich, Bosch, Zanussi, Neff, AEG, Hotpoint, Rangemaster, Smeg with Franke, Villeroy & Boch, Moores, Ideal Standard, Trevi and the Showerlux brands all represented amongst many more across its full range of products.

This is a very well managed business run on very tight financial lines. The business does not currently run a Business overdraft or loan and has not needed any for several years. With turnover of £804,400 for the financial year ending March 2007 generating gross profits in excess of £300,000 and net operating profits of approximately £26,500 after generous Directors remunerations and pension contributions, this represents an excellent opportunity for a new entrant to acquire a very well established, profitable business in the kitchen, bathroom and bedroom sector or alternatively an existing operator to extend their penetration of the market in a very affluent area on the West Surrey, Berkshire and Hampshire borders.