For Sale
Well established Kitchen designs and fitting business for sale.
Wigan, Lancashire
- Asking Price: £68,995 +SAV
-
Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £270,000, with an adjusted net profit in the region of £42,000. Full financials can be made available upon further request.
Please quote reference B06522
- Tenure: Leasehold
Please quote reference B06522
CoGoGo welcomes to the market Imagine Kitchens. The business was founded by our client in 2009, only now does the business come to market due to retirement.
Imagine Kitchens offers an extensive range of beautiful high quality kitchen designs, supplying and fitting throughout the North West. The company offers full kitchen renovations including removal of previous kitchen, electrical work, plastering, installation through to the painting and finishing touches.
Due to our client’s lengthy stewardship of the business, he has built up an excellent reputation and an extremely knowledgeable team of fitters. Our client has always run the business with a hands on, honest approach to customers and workers. Creating a very reliable and trustworthy business. Along with the high quality of product and service this has resulted in an outstanding reputation.
The company has an excellent rating on the Wigan Council good trader scheme, with an abundance of customer reviews and ratings, along with social media and 5 star google reviews. Our client is offering a hand over period and his wealth of knowledge, to ensure the continued success of the business.
There is also scope to improve with advertising and marketing campaigns, maximize the use of social media particularly Twitter and Instagram, exploring the use of Google ad words etc. Our client hasn’t massively pushed advertising, as the large amount of recommendations has kept the business at a pace to suit.
Imagine Kitchens has many reasons to buy with it being a well-established business with an enviable reputation.
Reasons to buy:
- Low overheads.
- Extremely well-established business.
- Plenty of scope for expansion
- Outstanding reputation
- Great location
We are advised that the business is run and managed by the owners, with the help of 1 part-time member of staff. The business also has self-employed fitters, plasters and decorators, as and when needed.
The business hours are -
Monday – 10am - 5:30pm
Tuesday – 10am - 5:30pm
Wednesday – 10am - 5:30pm
Thursday – 10am - 5:30pm
Friday – 10am - 5:30pm
Saturday – 10am – 4pm
Sunday - Closed
The business is located on Gathurst Lane, Wigan, Lancashire.
The business is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
Appley Bridge train station is just 10 mins walk away from the shop.
The area is also well served by the A-roads, being within easy driving distance of the business, which links to the m6 motorway network.
The business is located on the ground floor of a commercial terrace, along a busy commercial parade. The showroom front has excellent eye-catching signage with large windows displaying the showrooms front kitchen.
Upon entrance is the showroom which is immaculately presented with bright and bespoke lighting.
Through the showroom is the consultation lounge area, which is positioned just Infront of the office.
At the rear of the premises is the kitchenette, WC and storeroom.
The premises are secured with a metal roller shutter and alarm system.
Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 5 year lease to be available for the new buyer. The rent is £542 per month.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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