Well-Established Business Specialising in Premium Kitchens and Bathrooms Based in Surrey

Cheam, Surrey
REF: INT3108

Asking Price:
£300,000
Annual Turnover:
£865,002
Annual Net Profit:
£152,580
REF: INT3108
Photo of Well-Established Business Specialising in Premium Kitchens and Bathrooms Based in Surrey
Photo of Well-Established Business Specialising in Premium Kitchens and Bathrooms Based in Surrey
Photo of Well-Established Business Specialising in Premium Kitchens and Bathrooms Based in Surrey
Photo of Well-Established Business Specialising in Premium Kitchens and Bathrooms Based in Surrey

Overview

Tenure:
Leasehold
Established:
1997
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Recently Refurbished

Established in 1997, this is a reputable family-run business specialising in designing, sourcing, and installing premium kitchens and bathrooms, with some involvement in bedrooms as well.

Situated in an affluent area of Surrey, the business has garnered a strong reputation for its comprehensive service, offering clients a seamless experience from conception to completion, including design, supply, installation, and project management.

Known for its commitment to quality, reliability, and customer satisfaction, this business has become a trusted name in the community. This business maintains a strong online and offline reputation, benefiting from positive word-of-mouth referrals and a loyal client base.

With its established reputation, prime location, and proven track record, this business offers an enticing investment opportunity for individuals seeking to acquire a reputable business with significant growth potential in the lucrative kitchen, bedroom and bathroom industry.

All equipment and fixtures are available at an additional cost

Operating from a showroom located at a prominent junction, this business showcases a diverse range of kitchen, bedroom, and bathroom displays, providing customers with a first-hand look at the quality craftsmanship and design options.

The well designed showroom, which underwent a complete refurbishment in recent years, features eight kitchen displays, three bedroom displays, and various bathroom sanitary ware items, all thoughtfully arranged to create an inviting environment for consultations. The showroom is equipped with modern amenities, including a working kitchen, cloakroom, meeting/presentation table, and ample display space. The current vendor will retain the freehold.

No ongoing contracts, but the business enjoys high customer retention rates, with many clients returning for multiple projects over the years.

1 employed designer and 1 self-employed designer working alongside the 2 owners. Installation services are outsourced, while the owners handle enquiries first hand.

Despite its longstanding success, this business presents ample opportunities for future growth and expansion. The current owners, who are planning to retire, acknowledge untapped avenues for development, including:

Implementation of targeted marketing strategies to raise brand awareness and attract new customers.

Exploration of trade and contract sales to capitalise on potential business-to-business opportunities.

Enhancement of digital presence through website development and leveraging social media platforms for advertising and engagement.

Expansion of the installation team to accommodate increased workload and capitalise on growing demand.

Potential geographical expansion beyond the current 5-mile radius to reach new markets and clientele.

Features

Reputation

  • Google: 4.1

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.cheamkitchens.co.uk

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£52,000
Annual Rates
£3,586
Lease Term (Years)
TBC
Lease Expiry (Year)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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