| | | 9225RG MOBILITY AID PRODUCTS L/H £140,000 +SAV +VEHICLES BERKSHIRE | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 21,517 TIME(S)
BUSINESS REFERENCE : 9225RG / RightBiz | | | | | | BERKSHIRE MOBILITY AIDS -est 2006 Located in highly visible area nr hospital Lge range of products available - own website with on line sales service and on order facilities also provided A/T: £181,300 GP: £94,000 Scope to approach care homes & expand range on line 1st floor available to convert into additional sales floor L/H: £140,000 +SAV+vehicles REF: 9225RG | | | BUSINESS LOCATION: | Undisclosed Berkshire UNITED KINGDOM | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Remobility Aids | | SALE: | Agent Sale | LEASEHOLD: | £140000 | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business has an excellent high visibility unopposed location by a very busy roundabout of a very affluent town in Berkshire.
The shop is near to the social services department of the local council. The towns hospital, a doctors surgery and the railway station are all within easy walking distance.
There are 3 car parking spaces next to the shop, which are for their sole use.
Nearby towns include Reading, Wokingham and Bracknell.
THE BUSINESS:
Advent Business Sales are delighted to offer to the market this rapidly expanding and excellent located mobility business.
Founded by our clients over 3 years ago, the business is only now being reluctantly offered for sale as they wish to retire.
The business offers a wide range of products to assist mobility and aid the less able at home and out and about with all products available at its popular ground floor store or on its excellent presented website.
Those items which are not in stock can usually be ordered for delivery within a few days.
The business also offers a service facility, which can be carried out at the customers home and equipment hire for those only needing short term use or if they wish to try before they buy.
The business has an excellent local reputation with podiatrists from the nearby hospital recommending patients with feet
problems view the huge selection of shoes, slippers and sandals, which is the largest in Berkshire.
90% of customers are local to the town with the rest within an approx 30 mile radius. The nearest competitor to the shop being over 6 miles away.
The shop has 2 full time staff and 3 part time, including the 2 vendors and achieved £181,308 annual sales in the financial year to 31st March 2009 with a gross profit of £94,010.
We are advised that stock at cost is approximately £50,000.
REF: 9225RG
TRADING HOURS:
Mon-Fri: 8.30am 4.30pm
Sat: 9.00am 1.00pm
EXPANSION POTENTIAL:
Clearly, this is already a successful business, it does however, still offer excellent potential to increase both sales and profits in the short term by:
1. Opening more hours, especially on a Saturday when they currently shut a 1pm
2. Visit the local care homes and other hospitals to make them aware of the services they offer
3. Expand the website to include more items
4. visit mobility shows
5. Convert part of the first floor to sales space
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £181,308
Gross Profit: £94,010
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES:
Attractive refurbished high visibility shop, arranged over 2 floors and briefly comprising:
Ground Floor
Pavement display of scooters and walking aids
Centre door opening into the main sales area
2 raised window displays
Slat wall display for shoes and small accessories, adjustable chairs, walking stick display
w/c including disabled w/c
counter to the rear
stairs to first floor with extensive racking
small and large stores
kitchen and office
Both floors are fully carpeted
External
The shop has 3 allocated car parking spaces and also benefits from being alarmed and having CCTV
TENURE: Leasehold
Original lease: 5 years
Remaining lease: 2 years
Review every: 5 years
Rent: £11,350 P.A.
We are advised that the annual business rates are currently: £2,457 | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 9225RG / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
