West Midlands Electrical Retailer with Gift Shop from Europe's Largest Buying Group for Sale
Whitchurch, Undisclosed
- Status
FOR SALE
- Date Submitted:
16/10/18
- Advert ID
230972
- Reference
4838 / Rightbiz
- Call Agent:
- Leasehold: £95,000
- Turnover: £600,000 (£11,538 Per week)
- Net Profit: Not Applicable
Business Details
ELECTRICAL RETAILER MEMBER OF EUROPE'S LARGEST BUYING GROUP WEST MIDLANDS SHROPSHIRE
ELECTRICAL RETAILERMEMBER OF EUROPE'S LARGEST BUYING GROUP - WEST MIDLANDS / SHROPSHIRE
Presenting an amazing proposition for an investor looking to capitalise on a proven business model
Business across 2 units (Retail & Storage, admin & service in Wem & Prees)
Sale and installation and of aerials, satellites and CCTV
Retail unit in prime location on main retail high street
Branded retailer of TV / electrical goods / appliances
Excellent word of mouth recommendations
Genuine reason for sale due to retirement
Training provided during transition period
Same owner since established in 1981
Huge potential to introduce new lines
Advised annual turnover of £600,000
Price includes both sites
LEASEHOLD
Freehold option on both retail units
(price to be negotiated)
Contact Agent
Listing Statistics
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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