Business Summary:
Electrical Wholesalers Business
Ref.AE040
Location Northamptonshire
Asking Price £ 320,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity.
This family owned, managed and run business was established in 1987, and has fully utilized the generic 40+ years experience of its Principal since then.
The company has seen and lost several competitors in its 20+ years of activity, but its large and ever growing customer base have come to rely on the solidity of this company’s physical presence always having been there. The dynamism and passion for this business has been passed down to a second generation, who are actively involved in the daily operations of the business.
The company supply electrical parts, supplies and components to the trade over a wide geographical area and, although its owners would agree that proactive marketing has not been part of their business model, it has not prevented them developing a very healthy and stable fiscal performance over the years, even in the face of the currently trying economic times.
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| Year
Business was Established: 1987 |
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| Number of Employees:
6FT |
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| Facilities / Terms of Lease:
The company’s modern warehouse premises, which are connected to all main utilities, are located close to the centre of this bustling county Town. The premises comprise the Warehouse facility along with a Trade Counter and are approximately 4,800 square feet in size.
Annual rent is coming in at circa £15,000, with rates coming in at circa £5,800 per annum. The lease agreement held expires approximately at Easter 2011. |
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| Potential
Growth/Expansion:
N.A. |
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| Competition:
The absence of much activity here will indicate one thing clearly to the potential purchaser. If the company can perform at this level without any tangible marketing, just what can it produce with a correctly adjusted programme, which may include the development of an Internet “Shop”. |
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| Owner
willing to train:
Full support and any necessary training will be provided during handover as part of a successful sale package. |
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| Reason for selling:
This is a genuine retirement sale. |
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Seller Reference Number: AE040
BusinessMart.com Listing Number: 71957 |
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on this business
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