Kitchen Interiors/ NW London/ Ref No: 21329
OVERVIEW: Well established Kitchen and interiors business. Designs to custom made order. High margin business opportunity, show room sales and fixed clients catering to the construction industry, having a large database of individual residential clients. Excellent location facing the main road.Large shop frontage can be used
TRADING & BUSINESS: Annual turnover as at 2016-2017 £1,100,000.High Profit margin comprises mainly from the sale of kitchen fixtures & fittings and hardware. Stock approx. to £200,000 which would be additional to the goodwill.
TRADING HOURS: The show room is open from Monday to Saturday from 9.30 to 06.00 Sunday closed.
THE PREMISES: A large showroom of 5000 square feet approx. on ground floor with CCTV, glass facade for displays, air-conditioned, 5 car park for customers, parking bay for the deliveries, electric shutters, kitchen pantry, toilets.
TENURE: Leasehold 25 years long lease rent review done in 2017.
RENT & RATES: The rent and rates are very reasonable as compared in to the area, Rent £44000 P.A, Rates £18000 P.A. Rental income of £10000 from shop front display. High Potential to increase it to £40000 P.A.
PRICE: Goodwill for the business £695,000 plus the stock.
TRAINING: Training and support will be provided from the vendor for two month
The show room is open from Monday to Saturday from 9.30 to 06.00 Sunday closed.
Support and Training:
Leasehold 25 years long lease rent review done in 2017