Unbelievable Value Boiler Spares Distributor In Walthamstow For Sale | | Walthamstow London | | PRICE REDUCED by vendor due to time pressure of business abroad. Do not miss the opportunity to pick up this great business at a bargain price - recover your investment in one year!! | | ADVERT NUMBER : 62365
ADVERT IMPRESSIONS : 8,834 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Plumbing / Heating | | SALE: | Agent Sale | LEASEHOLD: | £35,000 | | | | | BUSINESS DETAILS: | The Business Partnership is proud to market for sale this established, successful boiler spares agency in Walthamstow, east London.
The business is the supplier of choice to local and national contractors for boilers, boiler spare parts, heating and plumbing equipment.
Established 9 years ago, the business has built an unrivalled reputation for service and delivery. This has allowed it to build up a prestigious client base and loyal following. Sales are primarily to trade customers, with some retail to the public.
An extensive and comprehensive stockholding comprising:
• Boiler and heating spares
• Heating pumps to timing switches
• Control panels and boxes to burners and valves
• PTF tape to adhesives
• Cleaning sprays to solders
• Parts and spares for all systems commercial and domestic
Agent for (amongst others):
* Alpha
* Ariston
* Interpart
* Biasi
* Ferroli
* Worcester - Bosch
* Vokera
Key Points:
1. Agent for most major boiler manufacturers
2. Extensive stockholding
3. Unrivalled reputation for service and delivery
4. Major account customers include British Gas and Circle 33 Housing Trust
5. Excellent location with no local competition and no likelihood of manufacturers supplying a new competitor
6. Sales growth of 14% from 2009 - 2010, with GP of 21.5%
7. Fantastic well established business with potential to grow rapidly through the addition of web sales
Location:
Situated in Walthamstow, on a major road, with local parking available.
The trade counter allows access to the extensively racked boiler spare parts store. There is a display area set aside for tools and consumables required by plumbing and heating engineers. Behind the trade area is an extensive store of parts, piping, radiators, a kitchen and WC. An outside roofed area has storage for plumbing, bathroom fittings, etc. The upstairs rooms contain further racked storage, boiler spares, WC and an office.
The lease is renewable in 8 years time. Annual rent is £17,560 and rates are approximately £2,800.
Competition / Potential:
The boiler manufacturers served by the business will not allow new competitors to open in the area.
Website is being developed to allow online ordering and PayPal checkout. This excellent, additional income stream is included in the asking price. No further investment required.
Satellite sites can be opened in areas that are not currently well served by boiler spare parts suppliers.
Opening hours:
Mon - Fri: 7:30 - 6:30
Sat: 8 - 5
Sun: 10 - 1
Full handover and support are offered by the vendor.
All fixtures and fittings are included in the sale price, to include a liveried delivery van.
Reason for selling:
The vendor is setting up a new business abroad which requires his full time involvement.
Turnover: £550,000
Net Profit: £35,000 | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
