Kitchen Company in Kent for Sale - Innovative, High Growth Potential, Full Supply & Installation
Undisclosed, Kent
- Status
FOR SALE
- Date Submitted:
23/07/22
- Advert ID
299411
- Asking Price: £165,000
- Turnover: £350,000 (£6,731 Per week)
- Net Profit: £70,000 (20% Profit margin)
Key Features
- Established Business
- Accounts Available
Business Details
Kitchen Company for Sale in Kent
FITTED DOORS LTD.
ABOUT FITTED DOORS LTD.
Fitted Doors Ltd is an opportunity to acquire an innovative kitchen firm based in Kent with huge growth potential. The day to day operations majors on either, full kitchen supply and installation or kitchen makeover, changing doors, handles, worktops, sinks and accessories.
The operation runs from a storage facility based on a non working farm site. Associated business on site are also involved in the production of bespoke kitchens. The reputation and order book is boosted by a steady marketing campaign, locally that runs to generate 20 leads per month, the firm carries out approximately 100 prjects per year.
The current vendor has already facilitated the option to future growth in the business by way of a franchise platform. Alongside this, there is a ebay buying platform and an e-commerce option for full kitchens and replacement doors. The fitting and installation are carried out by sub-contracted fitting teams working for the current vendor to reduce a potential overhead burden. The sale is made up of 2 companies. A Franchise and Franchiso . Originally the concept was to expand and sell franchises by postcode, this is still completely possible with the right drive and dedication.
KEY SELLING POINTS.
Strong niche operator within your sector.
Strong growth prospects.
High customer retention and referral levels.
Proven and successful trading history.
Strategic benefit of acquisition to a synergy buyer.
Strong 'customer spread' with no significant customer concentration or reliance.
Potential of growth in other key areas eg. Bathrooms, Bedrooms, Offices.
TURNOVER.
2016 – 105,000
2017 – 295,000
2018 – 261,000
2019 – 252,000
2020 – 313,000
2021 – 400,000
2022 – 350,000 projected.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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