Kitchen design and retail sales
Ref. IK273
Location Oxfordshire
Asking Price £60,000
Business Profile
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Capital in a Kitchen design and retail sales business.
Key strengths:
The business has the following key attributes:
• One of the leading kitchen design companies in the area.
• Kitchen design and retail sales only.
• Nominated sub contract installers work directly with Clients including building works where necessary.
• Very well sited, attractive premises and showroom in the centre of one of Oxfordshire’s most attractive and affluent market towns.
• Excellent reputation for design input and standards of workmanship.
• Extensive growth and expansion opportunities.
The business provides an acquirer with:
• An ideal bolt on for a company already operating in the kitchen design and installation sector looking for an additional market presence.
• An excellent opportunity for an investor or family looking to acquire a ‘starter’ business in the kitchen design sector.
Financial profile:
For the financial year ending February 2014, the Business generated turnover of almost £260,000, gross margins of £93,000 and an EBITDA before Directors costs of almost £45,000.
The Asking Price of £60,000 is for a sale of 100% of the Issued Share Capital in the Limited company on a cash free, debt free basis to include the showroom displays.
