Featured Brokers
CONFIDENTIAL SALE
FOR SALE
20/02/23
508677
374 / Rightbiz
This is a superb opportunity to acquire a well-established, kitchen retailer based in North Yorkshire. The business is available on a leasehold basis.
Our client operates as a leading, multi-disciplined kitchen company, serving a wide range of domestic clients across the North Yorkshire area. They offer their clients a wide range of services and act as a ‘one stop shop’ in relations to Kitchens! They handle each aspect of the process, from initial design to the installation of their high-quality kitchens. They have invested significantly over the years in new equipment and production techniques, to ensure that they at the forefront of Kitchen retailers in North Yorkshire. They are also an approved supplier of Second Nature Kitchens and 1909 Kitchens.
The company have been established since the 2019 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation across North Yorkshire and are considered a household name in their industry. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
· High Quality Premises
· Excellent Reputation
· Loyal Customer base
· Large amount of Repeat Custom
· Excellent Relationships with Key Suppliers
· All Fixtures and fittings included
· High Quality Assets Included
· Reliable, Loyal Staff
· Minimal Overheads
· High Turnover - £350,000
· Excellent GP Margin
· High Adjusted Net Profit - £60,000 (approx.)
· Huge Potential for further growth and success.
It is with a heavy heart that the current owners are selling the business due to retirement. This is an excellent opportunity for an entrepreneur looking for an established business or an established competitor looking for a lucrative acquisition. Due to the impressive financial performance of the business and their highly sought-after location, this business is already experiencing a high volume of enquires, so to avoid disappointment, please contact us for further information.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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