INDUSTRY

Furniture & Fixtures

BUSINESS SUMMARY

Fitted Kitchen & Bedroom Specialist Confidentially offered for sale Ref No: IK152 Location: North London Asking Price: £180,000 This fitted kitchen and bedroom, manufacturer and retailer, was established by the current owner in 1979. Since that time it has developed to be recognised as the kitchen and bedroom specialist of choice in its locale, a busy area of North London, with very high housing density. The business works primarily in Melamine Faced Chipboard, known as MFC and Medium Density Fibreboard, MDF. Should clients require, for example, solid wood doors then these are sourced externally. With the exception of these wooden doors, all cabinets are manufactured internally at the excellent premises on a light industrial park in North London. Laminate worktops for kitchens are also manufactured internally: granite and Corian® worktops are sourced from third party specialists. Being a relatively small and flexible business, units of any size are made: the standard 600mm unit forms the bulk of kitchen work but any size is made to clients’individual request.

	BUSINESS FINANCIALS
Asking Price: £180,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The business is unique in that no advertising or marketing has ever been undertaken. All business is won through referrals and direct ‘word of mouth’ recommendation. A new owner, however, looking to drive accelerated growth, should develop and execute a strategic marketing plan, addressing all media opportunities including a website.
	DETAILS ABOUT THE SALE
Support & Training A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership. Reason for Selling This is a genuine retirement sale. A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but with further significant growth potential. Is Management Willing to Stay? No Are You An Intermediary? No