Bespoke Kitchen Manufacturer and Installer

  • Leasehold Price: £375,000
  • Annual Net Profit: £125,000
  • Annual Turnover: £900,000
West Midlands, England
For Sale

Bespoke Kitchen Manufacturer and Installer

West Midlands, England
  • Leasehold Price: £375,000
  • Annual Net Profit: £125,000
  • Annual Turnover: £900,000

Description

This business has over 3 decades of experience in manufacturing and installing high quality, bespoke kitchens. Its style typically marries clean lines with a hand painted finish, complemented by a range of top end worktops and appliances.

Sales are achieved through a partnership approach with clients, right from an initial showroom visit through to post installation snagging, ensuring an outstanding reputation illustrated both through online reviews and the significant numbers of recommendations and referrals. Very little marketing is undertaken, although the business engages in some social media activity, predominantly via Instagram and Google Ads.

The company operates from converted barns in a West Midlands location, leased from a very accommodating landlord who has always supported growth plans.

The enterprise is run and managed by the 2 owners, with the help of an experienced team of employees, including full-time fitters who are supported by trusted sub-contract resource when required.

The business continues to grow organically, with sales forecast at £900k in the current year, delivering an adjusted EBITDA of c £125k.

The guide price for 100% of the shares of the company is £375,000 and the business will be sold with a debt free, cash free Balance Sheet, with a net asset value forecast at c £25k.

This acquisition represents an exciting opportunity either as a bolt-on to an existing business looking to add a halo brand, manufacturing capability or geographic reach, or as a standalone business. The vendors will be flexible over appropriate handover support but would then like to exit the business.

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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