Fitted Kitchen & Bedroom Manufacturer & Retailer
Location United Kingdom
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1967
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Long established Fitted Kitchen & Bedroom Manufacturer & Retailer with superb development potential Confidentially offered for sale.
Ref No:IK121.
Location: Essex.
Asking price Aœ95,000.
This long established business was previously managed by the father of the current owner. He started the company more than forty years ago and it has a first class reputation as the craft based kitchen and bedroom specialist of choice in this affluent area to the North East of London.
The well equipped workshops are capable of producing a wide range of manufactured joinery products to the highest quality, crafted by time-served master craftsmen with a long tradition of excellence.
The business produces solid wood and MDF kitchens and bedrooms of the best quality, and due to low overheads, it is very price competitive. Furthermore, recognizing the pressure on family budgets, typically amongst an ageing population, it has developed an excellent refurbishment capability. This market concentrates on the replacement of doors, worktops, lighting and appliances: creating a completely new look but at typically 30% of the cost of a complete new re-installation. This market is far less competitive, and at the prices quoted a much higher sale conversion ratio is enjoyed - three out of every four quotes are confirmed as orders.
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