Home Appliances F/h £475,000 Bucks | | Undisclosed Buckinghamshire | | BUCKINGHAMSHIRE F/H HOUSEHOLD ELECTRICAL APPLIANCES Located in affluent town Offers new and quality used appliances- installations, repairs & maintenance A/T; £243,400 GP: £85,800 ADJ NP: £45,400 Scope to open w/e & provide commercial equip F/H: £475,000 +SAV REF: 9270MK | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 35099
ADVERT IMPRESSIONS : 46,284 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Electrical Retailers | | SALE: | Agent Sale | FREEHOLD: | £475000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
The business has an excellent trading location in the very heart of an affluent market town in Buckinghamshire.
They have a good sized private forecourt, which provides off road parking for approximately 5 vehicles.
There is also time limited free of charge on street parking all around the town centre.
Nearby towns included Milton Keynes, Bletchley Bicester Leighton Buzzard and Banbury.
The area is accessed via the A421, which is a feeder road which crosses from the M40 to the M1 motorway also the A5
THE BUSINESS
Advent Business Sales is pleased to offer to the market this exceptionally well established and successful home appliance repairs and sales business.
Founded by our client over 30 years ago the business is only now being offered for sale personal reasons.
This popular retail business offers an extensive range of new and quality used domestic home appliances including:
Fridge Freezers
Dishwashers
Washing Machines
Tumble Dryers
Vacuum Cleaners
Cookers
Microwaves
Toasters & kettles, hairdryers, fans and phones.
Whilst the business has an extensive stock selection, should the customer require a different model or make, this can be supplied usually within 2-3 days.
The business also offers sales of accessories such as vacuum bags, batteries, extension leads and bulbs.
The business also provides home installation and after sales maintenance and repair service.
Most customers are within an approx 20 mile radius of the showroom with goods delivered from one of its 2 vans.
Advertising is predominately via yellow pages or in a local magazine, which is delivered free of charge to all local residents.
We are advised that stocks at cost are approximately £30,000.
REF: 9270MK
STAFF DETAILS
The business has 2 full time employees including the vendor
TRADING HOURS
Mon Fri: 9.00am 5.30pm
EXPANSION POTENTIAL
Although our client clearly has a successful and profitable business, it still offers excellent scope to increase sales and profits substantially by:
1. Opening on Saturday and Sundays Due to our clients religious beliefs, he does not open on either of these days
2. Having a dedicated website - this could increase awareness and sales substantially
3. Offering commercial equipment sales in addition to the current domestic sales this would open up a whole new market
4. Having arrangements with local letting agents, landlords and housing associations to offer both repairs and sales
5. Offering finance- in particular with commercial sales.
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £243,400
Gross Profit: £85,800
Adj. Net Profit: £45,400
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
A single storey detached freehold premise approx 4,500 sq ft, briefly comprising of the following:-
Ground Floor
Central double doors opening into an open plan customer showroom with an extensive selection f new and quality used domestic appliances.
A range of fixed and freestanding display furniture and shelving.
Counter and till to the rear.
2 interconnecting repair workshop area with storage racking
Side storeroom
W/C & Kitchen area
External
Separate enclosed service yard to rear, with secure side storage. | | | | | | FOR SALE | | | | | REFERENCE: | 9270MK / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
