Electrical Accessories Pre Packaging Company | | Undisclosed Northamptonshire | | Electrical Accessories Pre-packaging Company Confidentially offered for sale Ref No: AE043 Location: Northamptonshire (Relocation possible) Premises: Leasehold Asking price: O.I.R.O. £50,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43302
ADVERT IMPRESSIONS : 25,203 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Electrical Retailers | | SALE: | Agent Sale | LEASEHOLD: | £50,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Asking price: O.I.R.O. £50,000
Stock not included in asking price
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This family owned business was established back in 1999, utilising the entrepreneurial skills and dynamism of its Managing Director. It currently shares premises with another business, and although the two businesses function harmoniously, this business could easily be relocated if a new owner preferred.
The company pre-packages electrical accessories which are bought in bulk and then packaged in to single or small multiples, in plastic see through packaging complete with header cards, which are personalised where appropriate, bar-coded and priced if required.
Products sold in to this market include:-
• Electrical plugs
• Sockets
• Extension leads
• Telephone extension leads
And much, much more!
The company enjoys a healthy profit margin from what is essentially a relatively simple process. Indeed, one which could be taken up by a new owner both quickly and simply.
The acquisition of this company will be of interest to both private and commercial sectors in both the UK and the Republic of Ireland, due to its ability to be relocated, and has been sensibly priced to encourage a smooth and uncomplicated sale.
Equipment:
The company owns and operates an inventory of equipment and machinery etc. in the daily smooth operation of its business.
All such inventory is expected to be included in a successful sales package.
Employees:
The company currently employs two staff and its two Directors.
Advertising and Marketing:
Due to the nature of its wholesale supply, the company has not required to promote its services by way of conventional marketing methods. However, the new owner may wish to develop the company’s product base in to new areas, where the requirement for such things as an Internet Website may be more prominent.
Premises:
As previously mentioned, the company currently shares a modern warehouse/factory unit with another business in a harmonious relationship. The company utilises approximately 3,000 square feet of space for storage and production facilities. The current lease is in suspense, making relocation easy, if required, and we are led to believe that lease renewal would not present a problem also.
Current annual rental for the whole facility comes in at circa £21,200 with rates coming in at approximately £7,250 per annum. This would make a split figure of circa £10,600 annual rent with circa £3,600 rates.
Business Hours:
Monday – Friday: 9.00am – 5.30pm
Security:
The premises benefit from the fitment of an alarm system and security grilles etc.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Reason for Sale:
Retirement
Support and Training:
Full support and any necessary training will be provided during handover as part of a successful sale package.
| | | | | | FOR SALE | | | | | REFERENCE: | AE043 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
