IK147 -High quality kitchen design and installation in a prime retail location
Business for sale
Asking Price:
£120,000
Turnover:
£410,000
Annual profit:
Less than 25k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
28
Employees:
No
Photos:
No
Ownership:
Other
Business description
Established in the early 1980’s, and occupying its current prime retail position for almost all of them, this is the only kitchen shop in this area, having seen off all of the competition during its twenty five years or so of successful operation.Well managed by a Husband and Wife team this business specializes in the design, supply and fitting of well designed and cleverly planned, fully fitted kitchens. Operating from well suited premises and a very well presented showroom this business displays a range of kitchen styles reflecting traditional, modern and contemporary tastes – all carefully chosen to meet the demand from the densely populated local catchment area of up-market, mainly large and medium sized houses.
Most orders stem from customers living within just a few miles of this business – though this business has undertaken projects on behalf of Clients across all areas of South West London including Teddington, Kingston, Richmond and Ham.
The cornerstone to the success of this business is the excellent reputation it has for providing high levels of customer service. This business believes in managing each and every project with a high level of personal contact. It offers a high level of added value, working very closely with its Clients to ensure they get exactly what they want from their kitchen. Every enquiry is treated with the utmost care and professionalism, and customers taking advantage of the free design and estimating service enjoy a high level of presentation of their design concepts. After an order is placed, every element of the process is managed and coordinated on behalf of customers – from the initial design right through to installation enabling the customer to benefit from the unrivalled technical knowledge and experience this business has in choosing products and accessories to create the finest designer kitchens.
Having originally specialized in building kitchens as opposed to supply and fit, the business has no lesser an excellent reputation for its high levels of workmanship – working with a good combination of directly employed and sub-contract fitters as required.
Well established, and trading for the ‘Owners’ needs’ rather than with continuous growth in mind, this business achieved a turnover for the financial year ending September 2007 slightly in excess of £410,000 generating profits available to the Owners of the business of almost £120,000. As such it represents an excellent opportunity for a new entrant to enter the kitchen design market or an existing operator to secure an additional very well managed business in a prime High Street location with an excellent reputation and good growth prospects.
