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Property Details
City Business Brokers is very pleased to bring to the market this well established and profitable retail and commercial business which has been successfully trading in the centre of this town for well over 35 years and has built up a strong reputation and a loyal customer base, who appreciate the high quality products and superior service levels and installations this company provides.
The business has 3 core revenue streams –Retail 40% and Domestic/Commercial Services 60%
Retail sales Quality wires and durable sockets to fancy light switches and LED lamps plus much more ……
Services – PAT Testing Emergency lighting General electric goods Domestic electrical services Commercial electrical services Part and complete rewiring
The firm is very well established within the area providing a ‘one stop shop’ to many of its customers, with a guaranteed range of products and services and the highest levels of quality.
The business is located in the centre of the town whose inhabitants appreciate the high quality brands the company retails.
Customers will travel to view and buy products due to the choice, the advice and more importantly for the after sales service that continues to be provided and includes delivery, set up and installation as well as removal of old items.
The company has literally hundreds of historical customers on the database, many of whom are repeat clients who have used the company over many years.
The business is being offered for sale as leasehold. The premises are prime retail in the town and the business enjoys excellent exposure, good signage and strong footfall.
Key Strengths:
Location . The business is based in the centre of the town in retail premises and enjoys excellent footfall
Consistent financial performance with sales consistently well in excess of £200000
Repeat business and referral rates very high
Reputation and market presence having traded in the town for 35 years
Typically the business carries stock with a value of circa anywhere between £20000-£25000.
The asking price of £ 85,000 is for the assets and goodwill of the business (exclusive of stock) and is based on a cash free debt free scenario.
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please ring Kevin Stokes 0121 452 5133
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information
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