Hilton Smythe welcomes to the market DP James Ltd (Kitchens & Bedrooms).
The business has been operated by the current owners for over 18 years in which time the business has built up an enviable reputation for quality and service only now due to our clients wish to retirement this very rare and exciting opportunity has now become available.
The business supplies and fits quality kitchens and bedrooms with the added benefit of having its own manufacturing capacity. The business has developed long-established relationships with key suppliers and manufacturers and can supply high quality products either directly from the manufacturer or have them assembled in house within the integral workshop. This therefore presents a huge opportunity for either an established operator looking to obtain an additional site and grow further within this sector or an individual or partnership looking to take on a new challenge with huge growth potential.
The business presents a very rare opportunity as the new operator has the option to have the products manufactured off site to customer requirements and so can operate with minimum additional overheads utilising their existing sales team to grow this very profitable business further.
DP James Ltd has a first-class reputation for quality and service within Mansfield and North Nottinghamshire having operated very successfully within a 12-mile radius from the premises. The business has been hugely successful within the domestic market and the site has a fully fitted showroom to demonstrate to potential clients how DP James Ltd can accommodate and overcome any awkward kitchen and bedroom layouts with quality products and surface materials on show, so clients can create their ideal kitchen or bedroom.
This is an extremely rare opportunity not to be missed, a very profitable turn-key business opportunity with huge growth potential.
Customer testimonials can be viewed at www.dpjames.comLocation
Situated on Old Mill Industrial Estate in Mansfield Woodhouse.
The site is easily located off the A60 just North of Mansfield Town Centre and is easily accessible by all modes of transport with plenty of free on street parking as well as customer parking to the front of the unit.Premises
Located within a business unit on Old Mill Industrial Estate Mansfield Woodhouse.
Main entrance through to fully fitted kitchen and bedroom showroom, all show items and includes,
• Product cards
• Additional storage area
• A mezzanine flooring to the rear of the unit
• A rear office area
• Ground floor WC
Just to the side unit is a fully functioning workshopTenure
We are advised the business is being sold as a Leasehold opportunity.
We are advised the current rent is passing at £12,600 per annum with over 3 years remaining on the current Lease.Hours
The showroom opening hours are currently 9.00am to 5.00pm Monday to Friday and 10.00am to 1.00pm on SaturdayStaff
The business is run and managed by the current vendors with the assistance of 1 skilled apprentice.Financial Profile
We are advised the business is currently turning over in the region of £242,296 per annum with a very attractive adjusted net profit.