BuyMyBiz - Premium Kitchen & Bathroom Retailer [BMB10625]

Reference: BMB10625

Activities: Premium Kitchen & Bathroom Retailer

Location: South East of England

Turnover: Circa £1,200,000+ (Forecast 2022)

Profit: circa £170,000 (Forecast FY 2022)

Business Overview

BuyMyBiz is exclusively retained to find a purchaser for this premium kitchen and bathroom installation business. Over the past 15+ years, our client has built a business with a strong brand and reputation offering high end solutions for their customers kitchen and bathroom needs. The business is involved in all aspects of the process, including: the design, the supply and the installation of kitchens and bathrooms. The business also offers a design and supply only service for retail clients who already have their own tradesmen. With a double fronted showroom located on a busy high street, the business is positioned in an area populated with a high level of affluent residents.

Significant Goodwill & Business Reputation

The business has developed significant goodwill and a strong reputation over its 15+ years of trading, along with consistent financial performance and year on year profit growth. Due to the high customer service levels, the business also has a significant level of repeat customers with typical installations for kitchens ranging between £25,000-£80,000 per installation and between £12,000-£35,000 per installation for bathrooms.

Year on Year Financial Growth

Reason For Sale

Due to pending retirement our client believes the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level.

The Opportunity

Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.

Excellent Goodwill & Reputation

Established Brand & Business Process

Profitable Business

Loyal Customer Base

Year on Year Growth

Scalable Business

Price

Offers are invited for the trading goodwill and assets (All offers to be based on a cash free/ debt free basis)

The Next Steps

On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.