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Well Established Kitchen & Bedroom Manufacturing Company For Sale

Sunderland, Tyne and Wear, UK
Asking Price:
£175,000
Sales Revenue:
£307,240
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market an extremely well established and highly rated kitchen and bedroom showroom, located in the North East. The business was established in 1999. Only now does the business come to the market as our client is looking to retire.

The business provides luxury kitchens and bedrooms of all different styles and sizes. Currently trading 6 days a week and generating a turnover of £307,240 per annum.

The business has been manufacturing for 45 years and has been at the same premises for 20 years. The business has been built successfully on recommendations, high quality workmanship & service.

Our client is offering a hand over to ensure the continued success of the business.

Reasons to buy:
Excellent area
Scope to increase turnover.
Well established with a great reputation

Assets included in the sale comprise of:
Kitchen displays
Sample books
Furniture
Computer & Website
Sign written van
All machinery

This is a fantastic opportunity to acquire such a highly rated business. Viewings are by appointment only, to be arranged via Hilton Smythe.

Location
The business is Sunderland.

The area has excellent transport links with numerous bus stops well within walking distance of the property, with the nearest train station being within the town centre, approximately 2 miles away.

The area is well served by the A-roads.

Premises
The business is very well presented and maintained throughout, with excellent eye-catching signage.

Large open plan showroom with ample display kitchens and bedrooms.

The business benefits from free parking at the front of the building.

The building is secured with an alarm and shutters.

The business has a manufacturing unit with double doors for deliveries which is attached to the showroom.

Tenure
We are advised the business is being sold on a Leasehold basis with 2 years remaining on the original 3 year Lease, rent is £1300 per month.

Hours
The showroom opening hours are as followed:
Monday to Thursday - 10:00am - 16:00pm

Friday - 10:00am - 15:00pm

Saturday - 10:00am - 14:00pm

Sunday - Closed

Manufacturing opening hours are as followed:
Monday -Thursday 08:00am - 16:00pm

Friday - 08:00am - 15:30pm

Staff
The business has 1 full time staff member.

Financial Profile
We are advised the business generated a turnover of circa £245,000 as per the 2020 accounts, further financial information can be made available upon request.

Please quote reference B06192

Property Information

Property:

Leasehold

Contact Hilton Smythe

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