Business Broker.Net | Connecting Business Buyers and Sellers

Business for Sale Overview:

Established over twenty years ago in a very picturesque village in a very affluent area of mid Surrey, this business offers a complete kitchen design and installation service offering a comprehensive range of kitchen furniture from individually designed doors to modular kitchens in a wide selection of woods and painted finishes. This business has been carefully developed to meet all the requirements of its wide ranging Client base. As well as its own range of painted furniture constructed in a local workshop, this business offers bespoke handmade wood furniture made to order by a high quality local supplier with all its requirements for modular kitchen furniture met through its excellent relationship with one of the UK’s leading suppliers. Such is its extensive capabilities it is also able to make many complimentary items in its workshop to enhance its range of modular kitchens.

Property Features and Assets:

This business operates from very well suited premises in a prime location in the High Street of the Surrey village in which this business is situated. The studio was completely re-fitted in November 2007. Approximately 1,000 square feet, the premises are leased with four years remaining with a break available in April 2009. Annual rent is £11,000 per annum. Rates are £1,200 per annum.

Market Competition and Expansion:

Having been established for over twenty years and located in the same premises throughout this time, this business invests little in marketing and advertising. What advertising it undertakes is limited to its local market – press and direct marketing and its name frequently appears in Estate Agent’s details of properties in which it has installed a kitchen. It also maintains regular contact with previous customers – a large factor in 30% of its turnover being from repeat business. The business also has a very well designed, informative and easy to navigate website that performs well in all the major search engines for the most appropriate search terms and its liveried vans act as very effective ‘sale boards’ for the business in the local area. A high proportion of the business's revenue however has always been due to its excellent reputation for quality and service generating the most cost effective form of marketing, strong word of mouth recommendation.