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Family-Run Electrical Wholesaler with Strong Online Presence for Sale in Hampshire

Undisclosed, Hampshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    18/09/23

  • Advert ID

    599720

  • Reference

    INT2875 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £500,000
  • Turnover: £750,000 (£14,423 Per week)
  • Net Profit: £116,000 (16% Profit margin)

Business Details

Reputable Electrical Wholesaler for Sale in Fleet, Hampshire


    Established in 2012 this is a family-run, independent, electrical wholesaler based in Fleet, Hampshire which prides itself in supplying and distributing top-quality products with a friendly and knowledgeable customer service team - they have a large nationwide customer following that is loyal to the business alongside a strong online presence comprising Instagram and LinkedIn accounts.

    With vast experience in the electrical and lighting industry, they are constantly updating and researching the best product lines in the business of which they supply thousands of products. They offer competitively priced electrical components from over 100 of the industry’s leading manufacturers including Hamilton, Collingwood Lighting, Deta Electrical and KSR Lighting.

    Customers may visit the business for LED downlights, USB Power Sockets or a Digital Integral Heating System and will be able to look through our vast online catalogue and discover a multitude of top-quality products suitable for all electronic and lighting needs. They also offer a free-of-charge lighting and heating design service as well as a supply installation service.

    This is a fantastic business with a loyal customer base and a great stock of products, and would be a profitable business venture for an individual within a similar sector.
    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.

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    Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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    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.

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    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.

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    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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    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 'Reputable Electrical Wholesaler for Sale in Fleet, Hampshire - INT2875 / 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.