Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Sold. Kitchen Appliances, Worktops & Fitments Internet Online Supply Company Retail/trade
LISTING DETAILS
Firms For Sale ID:
8091
Vendor reference:
IK220
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£395,000
Turnover / revenue:
£1,600,000
Net profit / cashflow:
£180,000
Years established:
8
Trading hours:
Monday – Friday: 9.00am – 5.00pm (Trade Counter)
Internet Sales: 24/7/365
Number of employees:
7
OTHER DETAILS
Reason for selling:
The Vendors now wish to take up a change of lifestyle with more focus on their family.
Support and training:
Full support and any necessary training will be provided during handover as part of a successful sale package.
Business is relocatable:
No
Business is web-based:
Yes
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leased until 2013 with a break point in 2011. Current annual rental is circa £15,000, with rates coming in at circa £5,600 per annum.
BUSINESS DESCRIPTION
Kitchen Appliances, Worktops & Fitments Internet Online Supply Company Retail/Trade
Ref.IK220
Location Nottinghamshire
Asking Price £ 395,000 plus SAV
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This business is a leading specialist in built in kitchen appliances and can only be described as a winner in its sector, having been grown organically from the experience of its Principal in the Kitchen fitment arena since 2002.
As the business has grown and developed with the ever changing market conditions, more emphasis has been placed, year on year, on Internet sales. The dynamic of this initiative has resulted in the company’s website becoming extremely well visited, and this site is the subject of constant review and upgrading to maximise and optimise its performance.
The simplicity of usage of their Internet shop is further augmented by the fact this company is currently believed to be the only site to offer an expansive range of Kitchen Appliances, sinks and taps plus worktops. Other product lines are also sold, which include very popular plinth heaters and waste disposal units.
The range of household brands represented and sold by the company is impressive indeed and far too many to detail here.
The company also has developed a healthy trade through its Trade Counter at their warehouse storage facility, which is nicely located close to a large and well known Swedish household effects store.