FOR SALE
643265
As a small independent retailer specialising in graded white goods, we take pride in offering an impressive selection of quality appliances at significantly reduced prices. Our inventory features items that may have minor marks, dents, or scratches, yet they all come with a warranty, ensuring peace of mind for our customers. Despite their slight imperfections, these products provide excellent value, making them an attractive option for budget-conscious shoppers.
Our range includes various appliances such as washing machines, dryers, washer-dryers, fridge freezers, American-style fridges, cookers, range cookers, ovens, and hobs, available in both freestanding and integrated models. This diverse selection allows customers to find appliances that fit their specific needs and kitchen designs.
By purchasing our stock at approximately 20-25% of retail prices, we can offer our products to the public at prices 30-40% lower than brand new items. This business model generates a potential gross margin of up to 100%, creating a profitable opportunity for potential new owners. As of January 2026, our current stock is valued at just over £100,000 plus VAT.
To enhance our service, we subcontract local delivery and fitting services, ensuring that our customers receive their purchases promptly and professionally. A new owner with resources or connections could easily boost income by bringing these services in-house, providing additional value to our clients.
Business Highlights
With 23 years of establishment in the vibrant market of Leicester, we have built a solid reputation among our customers. Our prime location benefits from high foot traffic, thanks in part to a convenient bus stop right outside. The potential for growth is immense, especially considering our current lack of online presence. Embracing digital marketing could tap into new customer bases and increase overall sales.
Our well-established customer base and a diverse range of reputable brands ensure reliability and performance in our offerings. Competitive pricing, combined with opportunities for bulk discounts, makes our store a popular choice among shoppers. Fixtures and fittings can be negotiated as part of sale considerations, and while there hasn't been a turnover increase over the past year, the steady annual turnover of £225,000 showcases our potential for consistent earnings.
We currently employ two staff members and are open to providing training opportunities for any new owners to ensure a seamless transition. Although the business is up for sale due to my career change, I am committed to assisting in the handover process and facilitating a successful shift for the new proprietors.
Opportunities for Growth
This business offers an exciting chance for immediate operational success. With on-site repair and storage facilities, and the potential for B2B partnerships, a new owner can create a thriving enterprise. Our organised product displays and loyal customer referrals lay a solid foundation for a flourishing business. The combination of these factors presents an invaluable opportunity for someone ready to dive into the domestic appliance retail sector and capitalise on an established brand.
The leasehold price stands at £25,000, with an annual rent of £18,000, and a forecasted profit margin of approximately £35,000. This is a remarkable opportunity for anyone looking to invest in a well-respected and profitable business in the heart of Leicester.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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