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Reputable Bathroom/Kitchen Design/Building and Installation Business

Surrey, England

  • Leasehold Price: £999,950
  • Turnover: £1,766,378
  • Gross Profit: £673,696
Seller Reference: B05818
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Business Description
 
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Seller Reference: B05818
Request Details
Business Description
Business
Please Quote Reference B05818

Hilton Smythe are privileged to present to the market this well respected and renowned business, established in the area in 2000 and now offered for sale due to our clients wish to now semi-retire.

Services offered -

Bespoke kitchens (pricing options from £5,000 up to £60,000) - including nationally recognised brands.  All consultations are carried out at the showroom using the latest 3D design technology where customers can see up close how their complete designs will finally look.

Appliances - can be offered to purchase individually or with a designed kitchen.  Excellent supplier arrangements and product costs are in place for these appliances not available anywhere else within the area.

Bathrooms - full design and fitting service which includes an excellent choice of tiles, lighting, taps, baths and showers

Construction - from small extensions to complete house builds!  As trusted Builders, Bricklayers, Plumbers, Carpenters and Engineers they can offer any scale of work including loft conversions, garage conversions, renovations and refurbishments

Our client will offer a full business handover to ensure any current jobs are successfully completed.

The business has enjoyed considerable sales growth from 2018-2019 of 400%, driven by some much larger construction jobs.

Our client advises any new buyer to continue growing the different entry levels of work as well look to increase the sale of related appliances online.

All current work is from recommendation only, adopting a more aggressive advertising side through both local leaflet drops, lifestyle magazines and social media campaigns would instantly impact new order levels.

Very rarely do profitable business operations of this standard, size and length of goodwill become available to the open market and we would therefore strongly recommend early enquiry to avoid disappointment.

Location
This outstanding multi-facet business is located on a main high street in Surrey.

Located only 2 minutes from the business is a very large pay and display carpark and the area has excellent road and public transport links.

Premises
Showroom space includes a plasma TV advertising the work carried out.

Ground floor -

Mid- High end kitchen display ideas (currently 5-6 different design makes)

Open plan showroom includes 2 x skylights, 2 x air conditioning units

2 x rear consultation spaces with a wall a mounted viewing screen for kitchen designs

Tiling showroom space

Appliance/Accessories showroom space

Tile and floor Karndean  displays

2 workstations one with a 50” tv presentation area

Lower Ground Floor -

Kitchen displays

Bathroom displays

Toilet

Rear bathroom showroom with accessories display

Large office - 3 workstations

CCTV throughout - 7 x cameras.

Tenure
The business is being sold with a new 10 year Lease with annual rent of £27,000, current business rates payable are £6,500 per year.

Hours
MONDAY - SATURDAY - 9am to 5pm

Staff
The business is run and managed by our client with 3 other members of the main team as well 2-3 teams of construction people.

Financial Profile
The business enjoyed a 2018-2019 Turnover in the region of £1.5- £2 million with an Adjusted net profit of around £500,000.

For further information quote reference number B05818.

Tenure:
Leasehold
Listed by:
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