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IK273-Kitchen design and retail sales

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.

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