Sold. Exclusive Kitchen Design & Installation Company

Exclusive Kitchen Design & Installation Company
Operated under management with superb showroom circa 4000 sq. feet
Ref. IK280
Location : North Yorkshire
Asking Price : GBP110,000
This high class kitchen design and supply business was set up by the vendor back in 2011 and has grown considerably, year on year since inception. It is now a renowned and well respected business within the area, with a reputation for the quality and variety of products and services it supplies. The business prides itself on offering customers the personal touch and provides a full turnkey solution (design, supply and fit) should customers require. The business tends to supply in the mid to upper end of the market, servicing a range of clients within the very affluent area it is located in.

The company enjoys an excellent location on a very busy thoroughfare, just outside the town centre with ample parking that makes it highly accessible. It is located next to a complimentary business that generates good levels of passing trade and footfall.

The showroom is fabulous and gives the business a real edge on its competitors in terms of the range and quality of kitchens on show. There are some 19 different ranges on show at any time. The business has spent a significant amount (we are advised well in excess of GBP120,000) on the showroom and stock and it is constantly being refreshed with new styles and exclusive lines to ensure ongoing business.

The showroom has excellent signage and is very well laid out. Clientele have the opportunity to browse both the contemporary and traditional kitchen and accessory designs as well as having the opportunity to speak with staff regarding installations and browse the latest catalogues from leading manufacturers. The company has also invested in the latest 3D design software, as well as pricing software which greatly assists the business both in terms of sales conversions and profitability. Average kitchen sale is circa GBP15,000.

The business serves a wide range of domestic clients throughout the region and caters for a broad spectrum of the market. It also works with builders and architects alike such is its reputation and skill base. Staff are highly skilled and selfmanagedthe vendor has no day to day involvement in the business.

Expansion Potential
The business has enjoyed steady growth over the years without really having a dedicated sales and marketing strategy. A more active approach to sales would certainly increase revenues as the current market for this business s products and services is strong. The business is well positioned to take maximum advantage of this growth as it occurs.

Market / Competition / Non-Competition Agreements
The business currently undertakes a limited level of advertising via local newspapers. There are excellent opportunities to increase this and to develop a more interactive internet presence. The company currently has an informative website.

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and referral business.