Established Electrical Appliance Repair Business for Sale in Stoke on Trent, Staffordshire
Stoke on Trent, Staffordshire
- Status
WITHDRAWN
- Advert ID
298385
- Reference
B06964 / Rightbiz
- Call Agent:
- Asking Price: £45,000
- Turnover: £152,732 (£2,937 per week)
- Profit: £36,376 (24% Profit margin)
Business Details
Well Established Domestic Appliances Repairs And Retailer for sale
BusinessPlease quote reference B06964
CoGoGo is delighted to bring to market an exciting opportunity to acquire a thriving domestic appliance business specialising in repairs, sales, and service engineering.
The Appliance Group was established in 1995, this well-run business has built a stellar reputation under the meticulous ownership of the current proprietor. After nearly three decades of successful operation, the owner is seeking to retire, presenting a rare chance to acquire a highly regarded business with a proven model.
Key Highlights:
- Comprehensive Services: Sales, installation, repair, and spare part supply for domestic and some commercial appliances.
- Extensive Client Base: Nearly 13,000 addresses serviced, including:
- Over a dozen contracted letting agencies.
- Exclusive provider for a major care home chain across Stoke-on-Trent and Newcastle-under-Lyme.
- The sole provider for local council schools for appliance repairs and replacements.
- Flexible Operations: Currently operates 4 days a week, with the potential to expand to 5 days for increased income.
- Integrated Appliances: Supplied but not installed (installation handled by an external partner).
- Potential Expansion: Daily inquiries for refrigeration, gas, and integrated appliance repairs are currently outsourced, providing immediate in-house growth opportunities.
- Domain Name Included: fixed4u.com, a valuable asset for digital marketing and online expansion.
- No Active Marketing: Growth has been organic through word-of-mouth and a strong reputation. Robust marketing via social media, local press, and website development could significantly boost turnover.
- Exceptional Customer Service: Straightforward pricing policy includes delivery, installation (except integrated appliances), removal of old appliances, packaging, testing, and customer guidance.
- Introduce a broader range of services, such as refrigeration and gas appliance repairs.
- Develop and optimise the included domain name for e-commerce or additional service promotion.
- Undertake a targeted marketing campaign to attract new clients.
With tremendous potential for growth and an outstanding reputation, early inquiries are strongly recommended to avoid disappointment.
Location
The business is currently located in Stoke on Trent and covers the following areas, ST1 to ST21 and South Cheshire from CW1 to CW12 with Coverage including areas from Junction 12 to junction 20 on the M6 motorway.
Due to the nature of the sale on a business only basis, it could easily be relocated to any of the surrounding areas to maintain service coverage.
Premises
Business benefits from being relocatable.
Tenure
We are advised that this opportunity is being sold on a Business Only basis.
Hours
Due to the nature of the business, it trades all year round.
The current owners only work 4 days, so there is scope to increase turnover by working more days.
Staff
We are advised that the business has 2 full-time members of staff.
Financial Profile
We are advised as per the 2024 accounts, the business generated a turnover in the region of £140,000 (only operating 4 days a week!)
Further financials can be made available upon further request.
Please quote reference B06964
Contact Agent
Listing Statistics
Advert Statistics Graph
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This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.
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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