Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Lighting & Electrical Wholesaler

LISTING DETAILS
Firms For Sale ID:
34678
Vendor reference:
AE056
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£85,000  
Turnover / revenue:
£662,000
Net profit / cashflow:
Undisclosed
Years established:
18
Trading hours:
Monday – Friday : 07:30 17:00 Saturday: 09:00 17:00 Sunday: Closed
Number of employees:
3
Employees / staffing:
The vendor is ably supported by three key staff, equally responsible for, retailing, merchandising, cashier, packing, filling, online fulfilment and banking.

OTHER DETAILS
Reason for selling:
The vendor has other business interests that he wishes to commit to.
Support and training:
Owner would be happy to stay and hand over for a negotiated period of time. The owners are happy to provide training for an agreed handover period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold with a 10year renewable lease. The square footage is circa 1,750 sq. ft. and includes a shop floor, stock room and office. The rent is circa GBP 33,000 with rates of circa GBP 13,420.
 
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BUSINESS DESCRIPTION
Lighting & Electrical Wholesaler
Retailing also to non trade customers
Ref. AE056
Location : Surrey
Asking price: GBP 85,000
Available for sale is this extremely well established lighting and electrical wholesale business. The business pride themselves as being at the forefront of bespoke smart home technology/lighting solutions for both permanent and temporary applications, which are second to none. In addition there is also a full range of electrical products on offer aimed specifically at the electrical contractor sector. The buisness has a rich history in supplying to the trade and retail industry. Customers include builders, contractors, architects, property developers and designers.

Created by the present owner more than 18 years ago, the business has many established and loyal customers. It is situated in a prime high street location in one of the main thouroughfares in this affluent London suburb, well positioned among other premium retailers.

Expansion Potential
The business has grown organically with consistent investment in stock & showroom facilities and with further marketing for both the shop and website could build on the existing, excellent customer base.

In addition to this a new owner could extend the opening hours.

Market / Competition / Non-Competition Agreements
Internet only.