Gator Business Sales is delighted to be able to offer for sale this well-established (2008) independent kitchen and bathroom 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 in recent years 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 business, which has the added advantage of being situated in one of the most attractive and affluent parts of the country.
Our client is committed to working with the purchasers to affect a smooth transition. As such, the new owners do not necessarily require previous industry experience and the acquisition may appeal to entrepreneurs with transferring sales and project management skills coupled with an eye for detail.
Property Details: Leasehold
Asking Price: £30,000 + SAV
Annual Turnover: £175,583
Trading Hours: Monday-Friday: 9.30am-4.30pm, although Wednesday is by appointment only.
Employees: One part-time administrative assistant plus subcontractors.
Location: The 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 current lease for the showroom has a term of 8 years and a rent of £22,000 per annum, payable monthly in advance.
Reason for Sale: The vendor has increasing family commitments and cannot devote the time to the business that it ideally requires.
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