Domestic Appliance Sales And Repair In Wolverhampton | | Wolverhampton West Midlands | | Household Appliance Retail & Repair, Wolverhampton, West Midlands, T/O: £322,309 GP: 28.4% 2-storey double fronted property, Busy main road location, Potential for owners' accom, Scope for growth, | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70694
ADVERT IMPRESSIONS : 8,195 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Electrical Retailers | | SALE: | Agent Sale | FREEHOLD: | £260,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
ABN Domestic Appliances is ideally situated on a busy dual carriageway, surrounded by complementary shops and business in the Oxley area of Wolverhampton. The business lies on the A449, which runs all the way from the M4 to Stafford, benefiting from much passing trade and a high footfall. The store is surrounded by a very large residential area from which it draws much trade. Wolverhampton city centre lies 2 miles to the south while junction 2 of the M54 is less than 2 miles to the north.
Business History
Preferred Commercial is pleased to offer for sale this popular domestic appliance sales and repair business, which was established by our clients in 1979 and which is only now being placed on the market due to our clients' wish to retire. The business operates 6 days a week selling a wide variety of electrical household appliances and generates a turnover in the region of £322,309 per annum with a gross profit of 28.4%. Our clients also offer a repair service and replacement parts. ABN Domestic Appliance is part of the Euronics buying group. A new owner could increase turnover by embarking on a modest advertising campaign and perhaps introduce a web site with online sales. There is scope to expand the product range to include gas appliances if desired. There is potential to convert the first floor into owners' living accommodation, or for use as additional sales areas. We feel this is an ideal opportunity to acquire a well-established and well respected white goods retailer, with scope for future growth. Early viewing must come highly recommended.
Financial Details
T/O: £322,309
GP: 28.4%
Opening Hours
Mon - Sat: 9.00am - 5.00pm
Sun: Closed
Accommodation Details
2-storey double fronted retail premises with prominent signage, CCTV , alarm system and security shutters. Briefly comprising:
Ground Floor
• Main sales and display area fitted to suit with window display, cooker display area, Zanussi washer and dryer product stand, Miele vacuum cleaner stand, Siemens display area, Bosch washer and dryer display, fridge/freezer display, glass fronted serve-over counter with electronic cash register
• Office with desks, PCs, and filing cabinets
• Workshop with workbenches and shelving to suit
First Floor
• 3 x large storage rooms
• Kitchen with a range of fitted wall and base units
• Bathroom with bath, shower, WC and wash basin
Could be converted to living accommodation
External
• Large yard and car park to rear
• Double garage and concrete shed to rear
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2882 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
