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Businesses For Sale > Business For Sale in Surrey, UNITED KINGDOM - UK (UK)

AE056-Surrey-85,000-Lighting & Electrical Wholesaler Retailing also to non-trade customers for sale in Surrey, UK

Surrey, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 85,000 £ 662,000 Undisclosed

Business Summary:
Lighting & Electrical WholesalerRetailing also to non-trade customersRef. AE056Location : SurreyAsking price: 85,000 Available for sale is this extremely well established lighting and electrical wholesale business. The business pride themselves as being at the forefront of bespoke smart home technology/lighting solutions for both permanent and temporary applications, which are second to none. In addition there is also a full range of electrical products on offer aimed specifically at the electrical contractor sector. The buisness has a rich history in supplying to the trade and retail industry. Customers include builders, contractors, architects, property developers and designers.Created by the present owner more than 18 years ago, the business has many established and loyal customers. It is situated in a prime high street location in one of the main thouroughfares in this affluent London suburb, well positioned among other premium retailers.

 

   
Year Business was Established: 1999
   
Number of Employees: 03FT  
   
Facilities / Terms of Lease: The premises are leasehold with a 10year renewable lease. The square footage is circa 1,750 sq. ft. and includes a shop floor, stock room and office. The rent is circa 33,000 with rates of circa 13,420.  
   
Potential Growth/Expansion: The business has grown organically with consistent investment in stock & showroom facilities and with further marketing for both the shop and website could build on the existing, excellent customer base. In addition to this a new owner could extend the opening hours.  
   
Competition: Internet only.  
   
Owner willing to train: Owner would be happy to stay and hand over for a negotiated period of time. The owners are happy to provide training for an agreed handover period.  
   
Reason for selling: The vendor has other business interests that he wishes to commit to.  
   
Seller Reference Number: AE056
BusinessMart.com Listing Number: 208358
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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