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For Sale: Kitchen and Bathroom Design in the Thames Valley

A retirement sale of a long-established, substantial, kitchen and bathroom design business, in an excellent location in the Thames Valley and with a most impressive showroom.  This business has been in the same location since its establishment more than 20 years ago.  The founder was a kitchen showroom designer by profession and this is evident from both the location and the way the showroom has been fitted out. 

 

In the beginning the business was selling kitchens-only from a single unit.  Bathrooms were added in 1999.  The showroom premises extend to c 230 sq m, with 8 kitchens and 6 bathroom displays, a general office and storage space. 

The trading area is the central part of the Thames Valley which, according to Wikipedia, is one of the wealthiest and fastest growing areas in the EU. 

Kitchens account for around 70% of total sales.  Installation is arranged by the Company but carried out by a roster of sub-contract installers working full time on the Company’s projects. 

There are 3 FT employees plus the founder and his wife who also work Full Time in the business. 

Sales in the current year are expected to reach c £1.2M generating an Adjusted EBITDA of c £160k.  Sales peaked at c £2M in 2005 before the financial crash and recession.

The Thames Valley area is likely to produce sales growth in its own right but there are also opportunities to exploit Social Media and to invest more behind the website.  The showroom is a perfect environment for cookery displays which have proved popular and effective in the past.  

The Guide Price for 100% of the shares is £495,000 and the Balance Sheet will be debt free on Completion.  The vendors will provide full handover support on terms to be agreed for up to 6 months.  We have agreement in principle from a funder for a loan of up to £250k against the purchase of this business.




If you would like to request further details about this opportunity please complete the form below and indicate your agreement to the Confidentiality Agreement.

CONFIDENTIALITY AGREEMENT

You are requesting Anderson Shaw Corporate Finance Ltd ('Provider'), in conjunction with its client ('Vendor'), to provide you with information about the Company/ies and/or Business/es referred to in the advertisement above. This information will usually comprise the identity of the Company/ies and/or Business/es for sale and may also comprise a Confidential Briefing Document and/or other relevant information about the Company/ies and/or Business/es ('the Information'). Before the Information can be sent to you ('Recipient'), you must indicate below for yourself and/or on behalf of the corporate entity/ies you represent your agreement to abide by the following terms:

Recipient agrees:

  • To keep confidential the Information which, for the avoidance of doubt, includes the identity of the Company/ies and/or business/es for sale.
  • To use the Information only for evaluation purposes.
  • To share the Information only with fellow directors and/or retained professional advisers who will be deemed to have agreed to the terms of this agreement.
  • To return all the Information on demand to the Provider or the Vendor and not to retain any copies.
  • On demand to provide a hard-copy, signed version of this agreement from today’s date.

This Agreement will:

  • Terminate with the written consent of both parties or in any event after 2 years from today's date.
  • Not apply to any of the Information found to be in the public domain.
  • Not apply to any of the Information which is published or otherwise becomes part of the public domain through no fault of the Recipient.
  • Not apply to any of the Information which is already known to the Recipient.

In most cases, if the Vendor approves the release of the Information to you, you will be asked to sign a separate, longer form, Non-Disclosure Agreement which will replace this Agreement.


Anderson Shaw has offices on the outskirts of Coventry and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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