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Exciting Dream Doors Franchise In North Finchley For Sale

North Finchley, London, UK
Asking Price:
£85,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£400,000
Cash Flow:
£50K - £100K

Dream Doors North London was established over six years ago by its owners, a husband-and-wife team.

The showroom, based in the London suburb of North Finchley, is beautifully fitted out with kitchen displays featuring best-selling doors, worksurfaces, sinks and taps as well as top brand appliances.

The business owners, who moved to the UK from overseas 20 years ago, wish to relocate their family abroad once more. As a result, they are looking to sell their business as soon as possible. In lieu of this, they are conservative in their valuation, preferring a swift purchase instead of holding out for the highest price.

That said, the business will not be given away, and has huge value in its assets and goodwill generated through completing more than 650 customer’s kitchens since launching in 2015.

If you’re interested in a highly lucrative business that operates in the in-demand home improvement sector, then this could be perfect for you. No experience is needed, as you would benefit from full training and ongoing support from Dream Doors. That’s just one of many advantages of being part of one of the UK’s leading franchise brands. Established in 1999, Dream Doors has almost 100 showrooms nationwide with annual network revenues in excess of £70 million.

Take over Dream Doors North London and you’ll walk into a busy, thriving business, but also one that has huge scope to increase sales and profits. While the current owners have been successful, there are other franchisees within the Dream Doors network who achieve sales of more than £1million annually, earning over £150,000 a year. In fact, top franchisees are enjoying annual remuneration of £250,000, and there’s no reason why this area couldn’t do the same.

But what would it take to increase sales and profits? Quite simply, an increase in marketing spend – in line with network averages – will generate more enquiries, of which 1 in 3 will typically become a customer. The metrics are straightforward and are based on the performance of 100 Dream Doors franchisees, not just the North London area.

So, register your interest in this business today and, in a few months, you could be enjoying high earnings from a prosperous new business of your own.

Property Information

Property:

Freehold

Location:

This well-established showroom is located on the busy main road in North Finchley. Easily found and highly visible, it is a vital component in this type of business.

Premises Details:

The showroom has been fitted out to a very high standard, as would be expected with the quality of products and service that Dream Doors provides. There are several bays with kitchen displays, as well as ample storage and a staff kitchen. All fixtures, fittings, storage racking and office equipment is included in the sale.

Business Operation

Expansion Potential:

As mentioned, there is huge scope to expand, and a very simple process to do this by increasing marketing spend in line with network averages.

Competition / Market:

Dream Doors is the only national kitchen makeover brand with 100 showrooms nationwide. There is no like-for-like competitor.

Reasons for selling:

Moving overseas.

Trading hours:

Monday to Saturday, 9am to 5pm. Closed Sundays.

Employees:
None, just the owners and self-employed installers
Years established:
7

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Five years, with no fee to re-sign for further five year terms.

Other Information

Support & training:

As you'd expect, you'll benefit from world class training and support from Dream Doors, which is also part of Neighbourly, the world's largest parent company of home services brands with 4,800 franchisees in nine countries.

Financing available:

Yes, through banks and franchise lenders.

Furniture / Fixtures value:
£20,000 - included in the asking price
Inventory / Stock value:
£2,000 - included in the asking price

Contact Dream Doors Franchise

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