Retail franchise resales for sale in Croydon

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Highly successful Dream Doors franchise in Croydon for sale

Croydon, London, England

  • Leasehold Price: £110,000
  • Annual Turnover: £600,000
  • Annual Gross Profit: £162,000
  • Annual Net Profit: £72,000
Seller Reference: DDCR
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: DDCR
Request Details
Business Description
The owner of Dream Doors Croydon has run the business successfully for 10 years and, now in his 60s, he is ready to retire.

This presents a fantastic opportunity for someone to take over a thriving business in the South East.

You won't need any kitchen industry experience as full training by Dream Doors and its Business Development team is provided. What's more, as part of the UK's biggest name in kitchen makeovers, you'll be joining a franchise network with almost 100 showrooms nationwide.

You'll also be joining a brand that is booming, even through the challenges that 2020 has thrown at us. Homeowners are keen to take advantage of Dream Doors' time and money-saving kitchen makeovers. So much so, that the last two months have seen record sales throughout the UK.

The current owner is looking to realise a decent return on his investment but is also realistic in his valuation, which makes the purchase price for this business (including the franchise fee) at £115,000. Running a successful business over the last 10 years, and enjoying high earnings along the way, has enabled him to advance his retirement plans. And, if you were to work hard, follow Dream Doors' proven model and emulate what the existing owner has done, you could see a total return on your investment in less than 18 months.

Take over Dream Doors Croydon and you'll walk into a very profitable business with everything set up for you to hit the ground running. This is a total turnkey operation - all you need is the appetite to succeed and a desire to work in the lucrative home-improvement sector.

Over the past ten years, the business has spent over £300,000 in local advertising and serviced more than 1,000 customers. It has a phenomenal local reputation, with average scores of 9.88 out of 10 on the independent consumer monitoring website, Checkatrade.

Included in the sale is all the showroom displays, including appliances; a computer and printer; all office furniture; all showroom racking and any sundry stock on hand (such as panels, hinges etc). There is also a fully liveried Renault Traffic, which has just 45,000 miles and a full service history, included with the business.

If this exciting and ready-to-go business sounds of interest, then simply contact Dream Doors today for more information.
Tenure:
Leasehold
Competition:
There are a couple of makeover companies within the area, which is typical across the country. Dream Doors is the only national kitchen facelift retailer and, as such, has no like-for-like competitor.
Support and Training:
Dream Doors provides an award-winning, three week training programme and ongoing support for the life of the business. This means new owners won't need any kitchen industry experience, nor will they need to have run a business before. Franchising is the perfect way to get into business for yourself while mitigating the risk. A franchise resale can offer an even faster return on investment.
Location Details:
Situated on a thriving shopping parade on a main road in the middle of the territory the showroom has been described as the perfect footprint for a Dream Doors business. The showroom occupies 100 sq metres with a 5 metre frontage comprising 55 sqm showroom, 33sqm internal storage, 10sqm secure waste store and 2 sqm office. To the rear there are 2 parking spaces. A service road provides good access to the stockroom for deliveries. Additionally, a lock up garage is rented 1/2 a mile away.
Leasehold Term:
A new 6-year lease was signed in April 2020.
Listed by:
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