Kitchen Retailers for sale in Tiverton

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Very Popular Kitchen And Bathroom Business.

Tiverton, Devon, England

  • Leasehold Price: £129,995  Price Reduced arrow_drop_down
  • Turnover: £950,000
Seller Reference: B05364
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Business Description
 
 
 
 
 
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Seller Reference: B05364
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Tiverton Kitchens and Bathrooms business. The business was founded in 16 years ago and the current owners have run it for 4 and a half years successfully. The business is now being sold, albeit reluctantly and with a heavy heart due to family commitments.

Tiverton Kitchens and Bathrooms plays host to their extensive range of beautiful kitchen and bathroom designs. With their unrivalled knowledge of their products and brands, they provide excellent customer service and also can provide a fantastic design service.The sale will include a quality website and Facebook page and the business enjoys great visibility on the internet with many fantastic reviews.

Scope to Improve with Advertising and marketing campaigns, Maximize the use of social media particularly Twitter and Instagram, Exploring the use of Google ad words etc., Reviewing the pricing structure to ensure the business continues to be competitive, Employ more staff to enable more work to be undertaken, Explore online voucher discounters such as Groupon and Wowcher.

Tiverton Kitchens and Bathrooms has many reasons to buy with it being a well-established business with an enviable reputation and many existing customers, Ideal bolt on to an existing business, a real opportunity to increase turnover significantly, Hilton Smythe highly advise early viewing to avoid disappointment. This great little business is likely to attract considerable interest.

Location
Hilton Smythe is delighted to welcome to the market this very popular Kitchen and bathroom business in Tiverton Devon. Tiverton’s revival in recent years began with the construction of the A361 (known as the North Devon Link Road) In the late 1980s. In the 1990s, a new industrial estate was built at Little Gornhay on the north-eastern edge of the town, and a new junction was added to the Link Road, with a distributor road (now the A396) into the town, which has become its main gateway.

Great Western Way, linking this road to the Exeter Road along the line of the old railway, these two roads opened a new aspect to the town and paved the way for expansion. Tiverton is centrally placed to visit the exceptionally stunning areas of Dartmoor and Exmoor, along with the North and South Devon Coasts.

Premises
The business occupies a modern, fantastically presented and maintained and briefly comprises;

 

Showroom


  • Windows and glazed door to front creating a light airy and inviting interior

  • Generously proportioned showroom with tiled floor

  • Cleverly designed to maximize the space available

  • An impressive range of room sets displaying full bathrooms, shower cubicles, kitchens and

  • Ample space for several desks, drawers, cupboards and filing cabinets etc


Sale includes company Peugeot Boxer van 67 plate van.

Tenure
We are advised the business is being sold as a Leasehold.
Original lease length: 6 years.
Remaining lease length: 3 years as of 2019.
Rent: £26,000 per annum.
Business Rates £4000


Hours
Opening Times:

Monday-Thursday 9:30am- 5:00pm
Friday 8:30am- 4:30pm
Saturday 10:00am- 4:00pm


Staff
The business is run and managed by our client with the help of 2 full time members of staff and several part time members of staff.

Financial Profile
Tiverton Kitchens and Bathrooms generated an advised turnover of circa £950,000 as of the 2018 accounts, with a NET profit of £60,000.

Tenure:
Leasehold
Listed by:
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