well Established Kitchen Specialist - Hertfordshire
Leasehold : £ 289,000
Turnover : £ 9,231 p.w.
Meridian Business Sales are delighted to offer this bespoke kitchen design and installation business which was established in 1996 and has been in the careful hands of our client since 2002. The only reason this superb opportunity is being offered to the market is due to our clients desire to take well deserved retirement. Since taking over the business our client has invested time and money on the business and premises meaning it is in full walk in condition. They have continually added new lines and income streams which have enhanced the business massively. Our client informs us that the annual income currently runs at £480,000 which is derived from offering customers a complete service from design to installation, including any light building work prior to installation, of kitchens whether it be contemporary, classical or traditional. There is scope to extend the existing client base and together with promotional marketing may increase income. The business has a very strong reputation within the local community, and as such, sees a high level of regular and repeat trade; together with many referrals from satisfied customers together with word of mouth recommendations. Currently the business is owner operated with 3 full time and 1 part time staff and our client is happy to provide full training during the transition period. This is a fantastic opportunity to purchase a premium business with massive scope to develop further and as such we recommend early viewing as this superb business is not to be missed.