Ref: GAT2109

Gator Business Sales is pleased to be able to offer for sale this well established (2011) kitchen design and installation business.

Operating from distinctive riverside leasehold premises, the company designs and installs modern European-manufactured kitchens for clients who are usually within 25 miles of its Winchester base.

The business is profitable, and the total financial benefit available to the two exiting owners in 2021 was in excess of £200,000.

Excellent customer reviews with 5 star ratings on Houzz.co.uk and Facebook, and a 4.9 rating on Google.

Impressive interactive website with accompanying social media.

Very well equipped throughout.

This is an ideal opportunity to purchase an established and profitable business with a stellar reputation.  It will be of particular interest to individuals with previous kitchen design and installation industry experience looking to replicate the roles of the two exiting owners.

Property Details: Leasehold

Asking Price: £175,000 + WIP

Annual Turnover: £585,000

Trading Hours: The showroom is open Tuesday-Saturday: 10.00am-4.00pm.

Employees: In addition to the two owners who both work full-time, there is a highly skilled designer who has been with the business since 2014.

Location: Attractive riverside setting located to the south of Winchester city centre.

Premises Details: Exceptionally well presented and maintained detached showroom premises totaling approx. 78.64 sq m/846 sq ft.  In addition our clients currently rent a separate storage facility close by, but this is on a month-to-month basis and new owners will be able to choose whether or not to maintain this arrangement.

Lease Terms: The current 10 year lease for the showroom runs through until January 2028.  Passing rent is £29,160 per annum which is paid monthly in advance.  The incoming tenant will be required to lodge a 3 month rent bond.  The landlord is local, knows that the business is for sale, and has indicated that he is keen to retain the business as his tenant, subject of course to the usual referencing procedures.

Reason for Sale: This is a genuine retirement sale.

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