Project Description

Ref: GAT2048

Gator Business Sales is delighted to be able to offer for sale this well-established (2008) and profitable business.

Ideally located for its target clientele in an affluent market town adjacent to the New Forest. The business designs, supplies and installs high quality affordable kitchens and bathrooms, and has recently added bedrooms to its portfolio.

Fantastic showroom which displays multiple kitchen, bathroom and bedroom settings.

Installation carried out by a core of experienced long-serving subcontractors.

Gently traded Monday to Friday only by choice of the vendor, and as such offering immediate opportunities for growth-minded new owners.

Turn-key purchase opportunity of a highly regarded and profitable business, which has the added advantage of being situated in one of the most attractive and affluent parts of the country.

Property Details: Leasehold

Asking Price: £49,950 + SAV

Annual Turnover: £250,817

Trading Hours: Monday-Friday: 9.30am-4.30pm

Employees: Two part-time administrative assistants plus subcontractors.

Location: Showroom is located just off the busy high street of a New Forest market town.

Premises Details: Superbly presented ground floor showroom totaling approx. 131.62 sq m/1,416 sq ft. The business also leases a secondary storage unit which would be available to the new owners if required but is not a prerequisite of the sale.

Lease Terms: The showroom has an 8 year lease which was taken out in 2016. Passing rent is £22,000 per annum, payable monthly in advance.

Reason for Sale: The vendor has a young family and cannot devote the time to the business that it ideally requires.

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