Provider of Bespoke Kitchens and Furniture across London and the Surrounding Areas
Provider of Bespoke Kitchens and Furniture across London and the Surrounding Areas
Overview
Description
The company is a market-leading provider of bespoke, luxury kitchens and whole-house furniture.
Priding itself on its handmade designs, the business works closely with the customer in the design, build, installation and maintenance of every project that it is commissioned to produce.
Having built up the business, our clients are now offering the company for sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
– Products include kitchens, furniture, granite and marble worktops, appliances and sundries.
– Uses responsibly sourced local hardwoods, including ash, oak and chestnut.
– Works with private individuals of a high net-worth.
– Benefits from a strong and efficient team of employees.
– Operates from two leasehold premises, utilised for storage, office and showroom facilities.
– Scope for growth via geographical expansion, the recruitment of additional employees and the introduction of further marketing activities.
Financial Highlights
– Turnover of circa £1.3m in YE22.
– Adjusted EBITDA in excess of £222k.
– Gross profit margin averaging 64% between YE19 and YE22.
– Significant forward order book value of £850k.
– Discussions in place with prospective clients which could achieve additional revenues of £250k.
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