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Profitable Home Appliances Business with Loyal Customer Base for Sale in South Wales

Undisclosed

CONFIDENTIAL SALE

  • Freehold: Price on Application
  • Turnover: £743,858 (£14,305 Per week)
  • Net Profit: £96,186 (13% Profit margin)

Key Features

  • Attractive Business
  • Established Business
  • Retirement Sale
  • Fully Fitted
  • Accounts Available
  • Offers Invited
  • Town Centre location
  • Adjacent to Multiple Retailers
  • Company for Sale
  • Close to Local Amenities
  • Prime Location
  • Large Business for Sale
  • High Turnover

Business Details

Longstanding and profitable home appliances business based in South Wales.

Swan Corporate are delighted to present to market the opportunity to acquire a historic and successful retail business specialising in the sale of home appliances.

With a rich history spanning over sixty years, our client has played a vital part at the heart of its community for generations, and this is reflected in the loyal customer base that provides impressive levels of revenue throughout the year. 

The business stocks high-quality products with brands that have globally recognised reputations, including Hoover, Bosch, Beko, and many more.

Operating from an impressive four-story property for the last 14 years, there is still exciting future growth potential for the company, particularly in relation to its online marketing.

Further Unique Selling Points relating to the business include:

·       Turnover growth of 16% between 2023-2024.

·       Strong partnership in place with Euronics.

·       Multiple Local Authority contracts in place.

This is a rare opportunity to acquire a much-loved and successful business that has demonstrated consistent and impressive profitability over the course of many years. As a result, interest is expected to be high and therefore early enquiries are recommended to avoid disappointment.

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Listing Statistics

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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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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.

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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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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 'Longstanding and profitable home appliances business based in South Wales. - BENTLEY / 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.