Business Overview:
This business is a good example of one of the best fitted kitchen design franchises in the UK. Having been established in 2006 the company primarily designs, supplies and installs kitchens and all accessories to the A,B, C demographic within a twenty mile radius of its Wiltshire based operation. Much of its business is now generated by referral from satisfied customers with additional revenue being driven via the business’s web site.
The company trades from a main road location with a very high level of passing traffic. Its well appointed showroom contains display units and white goods from MIELE, SMEG, AEG, NEFF, Whirlpool, Brittania and ELICA.
The design element is fulfilled by using 20-20 Fusion software that provides clients with a comprehensive 3D vision of what the finished product will look like. It also provides accurate costings and can be used to complete order formats and invoicing.
Once a design has been agreed customers pay a twenty five percent deposit with the balance being settled prior to delivery of the new units. This gives excellent positive cashflow. All fitting is carried out by three teams of sub contractors who are C.I.S registered. Fitting costs are paid to the contractors by the business and not the client. At present the average invoice value is around £15,000.
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Property Features and Assets:
The business operates from leasehold premises on a renewable lease. The property is subject to a fifteen year lease of which there are twelve years left to run.
Market Competition and Expansion:
The business has been very active in advertising its presence. It utilises many forms of marketing including large billboards, posters on local buses, monitoring all planning applications and writing to the relevant householders and other local papers and magazines as appropriate.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.