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Retail Lighting Business For Sale at Ireland

Undisclosed, Undisclosed
Freehold Price:
£995,000
Status
FOR SALE
Advert ID
229788
Reference
JC031 / Rightbiz

Retail Lighting Business
Ref. JC031
Location : Ireland
Asking price: £995,000 Freehold by separate negotiation

Turner Butler has been appointed to invite offers to purchase 100% of the Issued Share Capital of a retail lighting business.

Key strengths:

The Business has the following key attributes:

• Retail lighting store and consultancy service
• Long established with loyal customer base
• Superb reputation
• Wide range of products
• Ideal location and excellent premises
• Opportunities for growth and expansion.

This opportunity would be an ideal bolt on for an existing lighting retailer looking to further expand its operations. The Business would benefit from additional marketing and advertising as their main source of exposure is through word of mouth recommendations.

The Business is currently trading from freehold premises that are owned by the current vendor. There is an opportunity to purchase the freehold by separate negotiation. However, the vendor will also lease the premises to the new owner.

Financial performance:

For the financial year ending September 2017, the Business generated turnover in excess of £1m, generating gross profits of approximately £515,000 and an Adjusted EBITDA of approximately £148,820 after replacement management costs and imputed rent and rates.

Net Assets assuming no cash and no debt are c£243,000.

The Asking price of £995,000 is for a sale of 100% of the Issued Share Capital in the Limited Company assuming Net assets of £243,000.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Turner Butler Head Office: 01895 256000.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Listing Details
Freehold Price: £995,000
Tenure: Freehold
Location: Undisclosed, Undisclosed
Sector: Electrician Businesses, Electrical Retailers, Miscellaneous Businesses
Financials
Annual Turnover: £1,000,000
Annual Net Profit: £149,000
Key Features
  • Unique Business
  • Attractive Business
  • Established Business
  • New Lease
  • High Turnover
Contact Agent
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Agent Name: Upgrade to view
Advert Reference: JC031 / Rightbiz

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