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Electrical Wholesaler in Hertfordshire with 40 Years of Service and Online Growth Potential

Radlett, Hertfordshire

CONFIDENTIAL

  • Leasehold: £399,995
  • Turnover: £961,854 (£18,497 per week)
  • Profit: £197,861 (21% Profit margin)

Business Details

Established Electrical Wholesaler | Ideal for Experienced Electrical Trade Buyer | Hertfordshire


    Please note: This is a hands-on, owner-operated business and is best suited to a buyer with electrical wholesale, electrical trade or closely related industry experience.

    Established in 1983, this long-standing independent electrical wholesaler represents an excellent opportunity to acquire a trusted regional business with more than 40 years of successful trading history.

    Based in Hertfordshire, the business supplies customers throughout London and the Home Counties, offering a comprehensive range of electrical products including lighting, wiring, accessories and smart devices.

    The company has developed an excellent reputation for product quality, reliability and knowledgeable service, with a loyal customer base spanning trade and public clients, including several major institutions.

    More than 100 active supplier accounts with leading industry brands provide access to a broad and dependable product range, while longstanding customer and supplier relationships provide a strong platform for continued trading and growth.

    The business operates from secure, well-equipped premises with ample storage and parking, generating sales through its established trade counter and online ordering service, supported by daily delivery options.

    Currently operated by its two hands-on directors with no additional employees, the business would particularly suit an existing electrical wholesaler seeking expansion, a trade buyer looking to acquire an established customer and supplier network, or experienced owner-operators prepared to manage the day-to-day operation.

    There is considerable scope for growth through expanding online sales, increased marketing activity, additional product ranges and further development of the company's established customer base.

    With its 40 year trading history, excellent reputation and extensive supplier network, this represents a strong acquisition opportunity for an experienced industry buyer.

    Asking Price: £399,995 Stock at Valuation (SAV)
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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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