BMB REF: BMB10583
ACTIVITIES: High End Kitchen & Bathroom Design & Installation
LOCATION: South East England
TURNOVER: circa £1,100,000+ (FY 2017)
BuyMyBiz is exclusively retained to find a purchaser for this high end kitchen and bathroom business. Over the past 13+ years, our client has built a business with a strong brand and reputation offering high end solutions for their customers kitchen and bathroom needs. The business is involved in all aspects of the process, including: the design, the supply and the installation of kitchens and bathrooms. The business also offers a design and supply only service for retail clients who already have their own tradesmen. With a double fronted showroom located on a busy high street, the business is positioned in an area populated with a high level of affluent residents.
Significant Goodwill & Business Reputation
The business has developed significant goodwill and a strong reputation over its 13+ years of trading, along with consistent financial performance and year on year profit growth. Due to the high customer service levels, the business also has a significant level of repeat customers with typical installations for kitchens ranging between £25,000-£80,000 per installation and between £12,000-£35,000 per installation for bathrooms.
Year on Year Financial Growth
Reason for Sale
After running the business for over 13 years, our client believes the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.
This Business is Relocatable
Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.
- Excellent Goodwill & Reputation
- Established Brand & Business Process
- Profitable Business
- Loyal Customer Base
- Year on Year Growth
- Scalable Business
Offers are invited for the shares in the business from a suitable buyer. The vendor is happy to facilitate a mutually agreeable handover period.
Offers are invited for 100% of the shares in the business plus net assets
(All offers to be based on a cash free/ debt free basis)
The Next Steps
On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.