Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Sold. Manufacturer, Importer & Retailer Of Furniture & Kitchens

LISTING DETAILS
Firms For Sale ID:
34793
Vendor reference:
IK282
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£120,000  
Turnover / revenue:
£352,000
Net profit / cashflow:
£66,000
Years established:
16
Trading hours:
Monday Saturday: 10.00am 4.00pm (with supplementary hours worked as necessary)
Employees / staffing:
The company is managed by the vendors, one of whom is also a joiner. They are ably supported by a reliable team of sub-contractors for manufacture and installation.

OTHER DETAILS
Reason for selling:
The vendor wishes to pursue other interests.
Support and training:
The current owner would be happy to provide full training and support at handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business trades from a fully serviced modern Factory unit, on a development of similar high end type units in a rural location in Hampshire. The premises consist of a superb two storey showroom, along with the necessary Reception, Showrooms, Factory, Stores and Offices. The total floor area covers circa 4,800 square feet. Rent and rates currently payable are approximately GBP 9,700 per annum combined. However, to the benefit of a new owner, the vendors are confident that a new lease can be arranged as part of a successful sale package.
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
Manufacturer, Importer & Retailer of Furniture & Kitchens
Ref. IK282
Location : Hampshire
Asking Price : GBP 120,000
This company specialises in the import and manufacture of home furniture and the design, manufacture and installation of traditional and contemporary, high quality kitchens for the mid to upper range market. They are fitted kitchen experts, creating designs to suit specific requirements, this ensures customers have the very broadest range of options to choose from.
This robust but under exploited business has been established for over 16 years. The extensive kitchen showroom is fully equipped with fitted kitchen displays, highlighting a selection of styles and finishes that have always appealed to the companys high net worth clients. There are also well established excellent supplier relationships to complement the installations.
Passion, quality of product, personal service and after sales care have been the key to the success of this business and something the current owners takes particular pride in. All customers are treated individually. The trading philosophy of the company’s owners has indeed been a simple one, delivery of excellent products at good prices by direct sales to the public, giving close attention to the detail of their hand made products along with almost infinite choice.
This exciting opportunity has great merits for a new owner. The company is stable and profitable with great potential for further development.
The business is managed by a Father and Son team and began as a wholesale business with a requirement for alterations and customisations that soon led to the decision to manufacture and provide customers with exactly what they wanted.
Products include:
Tables Chairs Sofas Beds Staircases Floors Kitchens Accessories

Expansion Potential
The current owners manage this business very much as a lifestyle and it is possible with a more a formal approach to management, to agree to the significant work that is currently turned away and quickly double both turnover and profits.

Market / Competition / Non-Competition Agreements
The company produces good quality brochures, and a website has been developed and is maintained by the company. The primary marketing tool is word of mouth, which is actively engaged in by the community of loyal customers and clients.