A superb opportunity to acquire a well-established, kitchen retailer based in North Yorkshire

  • Leasehold Price: £200,000
  • Annual Net Profit: £60,000
  • Annual Turnover: £350,000
North Yorkshire, England
Seller Ref:374
For Sale

A superb opportunity to acquire a well-established, kitchen retailer based in North Yorkshire

North Yorkshire, England
Seller Ref:374
  • Leasehold Price: £200,000
  • Annual Net Profit: £60,000
  • Annual Turnover: £350,000

Description

This is a superb opportunity to acquire a well-established, kitchen retailer based in North Yorkshire. The business is available on a leasehold basis.
Our client operates as a leading, multi-disciplined kitchen company, serving a wide range of domestic clients across the North Yorkshire area. They offer their clients a wide range of services and act as a ‘one stop shop’ in relations to Kitchens! They handle each aspect of the process, from initial design to the installation of their high-quality kitchens. They have invested significantly over the years in new equipment and production techniques, to ensure that they at the forefront of Kitchen retailers in North Yorkshire. They are also an approved supplier of Second Nature Kitchens and 1909 Kitchens.
The company have been established since the 2019 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation across North Yorkshire and are considered a household name in their industry. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
• High Quality Premises
• Excellent Reputation
• Loyal Customer base
• Large amount of Repeat Custom
• Excellent Relationships with Key Suppliers
• All Fixtures and fittings included
• High Quality Assets Included
• Reliable, Loyal Staff
• Minimal Overheads
• High Turnover – £350,000 +
• Excellent GP Margin
• High Adjusted Net Profit – £60,000 (approx.)
• Huge Potential for further growth and success.
It is with a heavy heart that the current owners are selling the business due to retirement. This is an excellent opportunity for an entrepreneur looking for an established business or an established competitor looking for a lucrative acquisition. Due to the impressive financial performance of the business and their highly sought-after location, this business is already experiencing a high volume of enquires, so to avoid disappointment, please contact us for further information.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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