Electrical Repairs Business In Handsworth Birmingham | | Birmingham West Midlands | | Electrical Repairs & Sales, Handsworth, Birmingham T/O: £16300 GP: 90% Run at pace to suit Huge scope Established 30 years 3-bed owners' accom PP in place for further bedrooms Monopoly trading position | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67172
ADVERT IMPRESSIONS : 8,115 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Electrical Repair | | SALE: | Agent Sale | FREEHOLD: | £464,999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Speedy Electrical Services occupies double fronted premises situated on a busy main road, the A41, leading into Birmingham. The business is located in the Handsworth area, surrounded by a wealth of complementary shops and business. There is a bus stop close by and the railway station is within easy walking distance. Handsworth is a thriving residential and shopping area, which lies approximately 2 miles from Birmingham city centre. The area is easily accessible being just 3 miles from junction 6 of the M6 motorway and 2 miles from junction 1 of the M5.
Business History
Preferred Commercial is pleased to offer for sale this popular electrical repairs business, which was established by our clients in 1981 and which is only now being placed on the market due to their wish to retire. Speedy Electrical Services operates 6 days a week and is run at a pace to suit our client, generating a turnover in the region of £16,300 per annum with a gross profit of 90%, derived from the repair of audio visual equipment, aerial and satellite installations and house rewiring. Turnover could easily be increased by expanding into PC and laptop repairs, video games and mobile phone sales and repairs. A new owner could embark on a modest marketing campaign to promote the business further. The premises benefit from 3 x double bedroom owners' accommodation and we are advised that planning permission is in place to build above the lounge at the rear, 2 x further bedrooms and a bathroom. The business occupies a monopoly trading position with no similar concerns in the area. We feel this represents an ideal opportunity to acquire a well-established electrical repairs business with immense scope for further growth. Early viewing is highly recommended.
Financial Details
T/O: £16,300 approx.
GP: 90%
Run at a pace to suit
Opening Hours
Mon - Sat: 8.30am - 6.00pm
Sun: Closed
Accommodation Details
Double fronted mid parade premises, situated on a busy main road leading into the city centre. Briefly comprising:
Ground Floor
• Main sales and display area fitted to suit trade with non-slip flooring, diffused lighting, full-width counter with glass display areas, shelving and racking to perimeter walls
• Area to rear with work benches, desk and shelving
• Large lounge with central heating and double glazing
• Kitchen with a range of fitted wall and base units, tiled floor and gas oven, door to side walkway and car port
First Floor
• 3 x large double bedrooms
• Bathroom with Spa bath, WC wash basin and shower cubicle
Second Floor
• Loft conversion with skylight and exposed beams, potential for single bedroom
External
• Yard to side with car port
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2661 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
