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IK218-Manufacturer, Designer and Fitter of Bedroom and Bathroom Furniture

Asking Price: GBP 175000
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Business Location: United Kingdom » Kent » Kent 
Category: Manufacturing » Furniture & Fixtures
Description:
Manufacturer, Designer and Fitter of Bedroom and Bathroom Furniture

Ref.IK218
Location Kent
Asking Price £ 175,000

This business was established over thirty years ago and operated by the current owners for the last fifteen years. This is one of the leading independent bedroom designers and fitters in the south east. With its showroom and manufacturing workshop located on a busy main road in Kent, the business benefits from its access to a number of highly affluent neighbouring towns and communities.

The business operates a free of charge design service that adds to the excellent reputation it has for customer service. The manufacturing side of the business adds a dimension that separates the business from local competition. Manufacturing its own product also has a positive effect on the profitability of the business.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: na
Year Established: 1980
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 6
Reasons for selling:
Having run the business for fifteen years, the owner feels that new owners will provide fresh ideas and energy that can take the business to another level. He also has property interests that he wants to concentrate on.
Market competition and expansion:
The business enjoys an excellent thirty year reputation in the area. The vast majority of its clients already know the business, are repeat customers or have been recommended to the business. Advertising campaigns are restricted to local press and free newspapers as well as Yellow Pages. Occasionally the business is represented at county shows and fairs. Although the business has a website there has to date been no investment in online marketing, which would obviously present new opportunities.
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