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Premium Kitchen & Bathroom Retailer & Installer For Sale

Lytham St Annes, Lancashire, UK
Asking Price:
£124,950
Turnover:
£200K - £500K
Net Profit:
Under £50K

The business was established around 15 years ago by the current owners. During this time it has built an excellent reputation for quality and service, with many 5* reviews online.

The business focuses on the retail of high quality fitted kitchens, including the planning, design and installation. Recently the service has been successfully extended to bathrooms. Currently kitchens account for c 80% of revenue, with bathrooms the balance.

It operates from a high quality 135 square metre showroom with the ‘wow’ factor, occupying a prime corner retail position on a main shopping parade.

The business is currently owned and operated by a husband and wife team who are now of retirement age and with some health issues. They have therefore taken the decision to market the business for sale.

The guide price for assets and goodwill is £124,950 to include the brand and goodwill, website and domain name, customer and supplier databases and a high quality showroom with 4 large and fully accessorised displays . In addition the property freehold is available at a small discount to market value).

The vendors will provide appropriate handover support and further light-touch consultancy if required.

Property Information

Property:

Leasehold