BUSINESS DETAILS
Location:
United Kingdom, East Midlands,
Sector:
Retail, Electronic Equipment Retailing
Asking price:
£350,000
Sales revenue:
£300,000
Net profit:
Undisclosed
Years established:
17
Trading hours:
The retail side of the business is open Mon-Sat 9am to 5pm with the installation work being flexible to fit in with the needs of the client
Number of employees:
7
OTHER DETAILS
Reason for selling:
After investing heavily within this business the Owner wishes to now concentrate on other interests.
Support and training:
The owner is happy to assist with the hand over and the training.
Business is relocatable:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Both properties are leasehold and comprises of a sales area, rear workshop and a storeroom. The annual rent and rates for both properties is £33,000 per annum.
BUSINESS DESCRIPTION
Two Retail outlet of electrical goods plus Installation of all electrical works
Ref.JC015
Location Notthingham
Asking Price £ 350,000
This business was established in 1993 and incorporated in 2002, it offers the investor a unique opportunity to invest in a small successful owned business, offering a range of electrical items for sale and a team of staff and engineers who are able to handle any scope of electrical works from small to large contracts.
The business's reputation and strong record of success lies in its basic operating structure and low overheads, shrewd purchasing techniques, quality workmanship and first class service.
Both retail outlets are central to both towns in a superb area with a large passing trade the business is close to major transport links that give superb access to surrounding conurbations allowing clients to travel from far without any difficulty.
The business's staffs are extensively trained and highly skilled, with many years on-the-job experience. They ensure that clients' individual needs are met, and that close attention to detail is maintained throughout the entire process. The business employs an up to date administration system that provides a database of all service customers, staff make certain that all the key sales figures are recorded.
The regular repeat business from a multitude of professional clients bears testimony to the business's unrivalled reputation for reliability and honesty. The business ensures that a personalised and professional service is provided at all times, making this an excellent opportunity for an investor seeking an exciting and established operation.
The business is capable of growing in sale at a very fast rate and has identified the areas of
Trade Accounts, Commercial alarm and Re wiring, as highly profitable areas that would result in increased turnover and growth.
There is unlimited potential within this business. This business is based in an attractive location and increased sales and profits could certainly be achieved. The owner recognises that while the business is acknowledged for its quality of products, more assertive marketing of the Company's portfolio of merchandise will help build this excellent business into an even bigger cash earner for any enthusiastic new owner. ie trade, Sunday trading and internet opportunities.