Total of 18659 firms and businesses for sale today Friday 10th May 2024
Sold. Kitchen And Bathroom Component Distributors
LISTING DETAILS
Firms For Sale ID:
8168
Vendor reference:
IK213
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£75,000
Turnover / revenue:
£275,000
Net profit / cashflow:
Undisclosed
Years established:
24
Trading hours:
Monday – Friday: 8.30am – 5.00pm
Number of employees:
3
OTHER DETAILS
Reason for selling:
The current Directors feel that the time is now right for a new owner’s fresh approach and re-capitalisation.
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:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Rental is taken care of on an informal basis and comes in at circa £11,000 per annum, with reduced business rates coming in at an economical circa £ 600 per annum.
BUSINESS DESCRIPTION
Kitchen and Bathroom Component Distributors
Ref.IK213
Location Norfolk
Asking Price £ 75,000 plus Stock at Valuation
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 has a history which stretches back 24+ years, and has been dynamically run and managed by the current Directors for the past 3 years.
The company operates and distributes its products in the East Anglian region, and has developed a very good reputation for its level of service and flexibility of approach. The company specializes in the supply of Kitchen and Bathroom components and, among its wide variety of product offerings, enjoys protected dealership status within their local area for brands including:-
• Adam Furniture
• Astracast
• Carron Phoenix
The company has been trading at this level quite consistently over the years and a new owner may wish to expand the company’s marketing profile to increase turnover and profitability.
This opportunity will appeal to a wide range of potential purchasers both at corporate and individual level, therefore early viewing is to be encouraged.
Expansion Potential
Even though we are encountering harder than normal trading times, this business has suffered little impact and indeed provides a strong trading platform for the future.