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Here is a Domestic Appliance Business That Is For Sale In Swansea, Wales

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Here is a Domestic Appliance Business That Is For Sale In Swansea, Wales
  • Status

    FOR SALE

  • Date Submitted:

    13/09/21

  • Advert ID

    282759

  • Reference

    BB5112 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £40,000 (Stock at valuation)
  • Rent: £4,320
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Key Features

  • Town Centre location
  • Accounts Available
  • Established Business
  • Unique Business
  • Retirement Sale
  • Small Business

Business Details

Here is a Domestic Appliance Business That Is For Sale In Swansea, Wales

Business Overview:

For sale is a Well Established Domestic Appliance Company that has been in existence for 38 years. This well known business is now for sale due to the owners looking to enjoy a well deserved retirement.



 

Business Description:

This well established Domestic Appliance Company, from which a loyal customer base has been built over the years, is new to the market. For a buyer looking to walk into an existing, successful enterprise, this is a great opportunity.

The current owners of this charming, independent Domestic Appliance Company business are looking for a new owner with the ability to expand on the successful foundations they have laid.


 

If you are an entrepreneur looking to run your own business with excellent trading position, then this is the perfect purchase.

In addition to a fully functioning website, The Business has an online presence on platforms such as Twitter and Facebook.


 

You now have the chance to own a hugely successful Domestic Appliance Company. This company has been established since 1983 and the owner is retiring. It is an exciting and rare opportunity to own this company. The business is one of the longest-running in the area, making it an excellent opportunity to purchase one of the most popular in the area.

Due to a high number of clients renting out household goods, the business receives many recurring payments. There are currently 200 clients renting domestic goods.

One of the ways in which the new owners can easily achieve this growth is by renting out more goods. This is a business with a lot of potential for growth. You might also look into the current website's online capabilities.

A sign-written van is also included in the business sale.

If the new owners wish, the current owners would be willing to participate in a transitional phase following a sale.

Local customers benefit from the business, as does a year-round tourist trade. Website, Facebook page, and Instagram account are all successful for the company. Also, this company has been approached on several occasions via email to carry out Insurance work.

Due to our client's desire to retire, the business is offered for sale and would be ideal to be run by a hands-on owner-operator. It would also be an excellent bolt-on acquisition with complementary service providers.



 

It is a unique business with tremendous potential for growth and is ideal for someone who is interested in acquiring an established company. It is highly recommended that you view this wonderful business opportunity and contact the vendor with any questions.


 

Business Location:

The business is in a prominent trading position in Swansea, South Wales.


 

Ideal Buyers:

Electricians, Domestic Appliance Companies, Some Knowledge with Domestic Appliances.


 

Key Features of Business:

  • Excellent Reputation; 

  • Loyal Customer Base; 

  • Hugh Growth Potential; 

  • Well Equipped Premises; 

  • Low Overheads; 

  • Professional and Friendly Team; 

  • Wide variety of services or products; 

  • Strong supplier Relationships

Rent: 

£4,320 Per Annum


 

Rates:

EXEMPT

Number of Staff:

0

Vendor Open to Transitional Period:

Yes



 

FINANCIALS:

Annual Turnover:

£42,750

Net Profit:

£14,627


Business Stock:

Approx £1,000


 

ASKING PRICE

£40,000

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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.

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Contact seller

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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.

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The data showed regarding this advert 'Here is a Domestic Appliance Business That Is For Sale In Swansea, Wales - BB5112 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.