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Successful Retailer of Electrical Appliances

Undisclosed, Manchester

CONFIDENTIAL SALE

  • Leasehold: Price on Application
  • Turnover: £3,025,244 £58,178 Per week
  • Net Profit: £317,001 11% Profit margin

Business Details


    A great opportunity has arisen to purchase a successful family run business with one of the largest displays of new appliances in the Stockport and Manchester area.

    First established over 30 years ago, they have built up a loyal customer base and now have a multimillion-pound turnover.

    They first began in a small shop, re-conditioning old appliances and evolved into the new appliance market in the mid-1990s.

    They have great staff who are fully committed to service and are extremely knowledgeable on all aspects of the business and their appliances. The staff attend product training courses on a regular basis to keep up with the latest products available.

    The company also has a large showroom with one of the biggest displays of new appliances in the surrounding areas, with free parking available at the rear of the premises.

    They offer a great delivery service throughout the Greater Manchester and Cheshire area, including all SK, M or OL postcodes, also covering as far as Newcastle, London and South Wales for selected brands.
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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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