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ID: MV1589

Well-Established, Award-Winning Independent Retailer of Kitchen Appliances

United Kingdom

A rare opportunity to acquire an independent retailer of kitchen appliances. The business operates within a densely populated territory in the southwest of England and has huge potential for growth

ID: MV1589

Register Interest
Growth:
15%
Turnover:
£8.5m

Industry Overview

This opportunity operates predominately in the Kitchen appliances industry.

Location

Southwest of England

Business Description

This business is the largest independent retailer of kitchen appliances in the Southwest, offering a full
kitchen solution with appliances and kitchens all under one roof in their appliances and kitchen
showroom. The company is a fast-growing independent business supplying the public and trade. 

There is huge potential for growth as the company’s current success in the Southwest region of the country can
easily be replicated throughout the UK.

2022 has been a record turnover year in the business
Achieved growth for three consecutive years
Over a million pounds have been invested into the
company in the last 24 months
Multi-award-winning business across all sectors
Fully operational in all departments
Huge potential growth
Over £1.5 million in orders already confirmed for 2023

Investment Rationale

The company has huge growth potential. It has had success in the Southwest of the country which can be replicated in other regions across the UK. Through opening new showrooms, retail stores and warehouses, there is no limit to the potential to expand.
1) In the process of opening a trade counter in thewarehouse
2) The hiring of more repair and service engineers
3) Increase in online orders
4) Opening of further Retail shops
5) The hiring of more Kitchen and appliance installers
6) Expansion into new territories
7) Opening of new warehouse and logistics centres
8) Opening of new Showrooms
9) The hiring of more delivery drivers

Customer Overview

Current customers are spread across both public and trade sectors. The company has over 70 active clients, 20 of which are large National companies. Confirmed sales for 2023 have already breached the one million pound mark and are increasing daily.

To register interest you will need to complete our Buyer Verification Process.