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

GM014-Hertfordshire-£180,000-Towing Equipment Specialist Retailer – Caravan Accessories, Parts & Tra for sale in Hertfordshire, UK

Hertfordshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 180,000 £ 310,000 £ 60,000

Business Summary:
Towing Equipment Specialist Retailer – Caravan Accessories, Parts & TrailersRef. GM014Location : HertfordshireAsking Price : £180,000 + SAV + FreeholdExtremely well established retailing business specialising in the sale of motor trailers, caravan accessories, camping equipment and parts, which was founded by the Vendors’ Father more than 70 years ago.This business was originally established as a designer and manufacturer of trailers and over time has adjusted its trading to become a very well known and respected retailer for key products and brands, sought after by the busness’ loyal client base.The business is in a very busy and accessible location, being close to popular towns in North Hertfordshire, with easy access to main trunk roads and motorways and well positioned among other established businesses in a busy trading estate close to established residential areas.Well known by its ostensibly time-rich and cash-rich clientele and in the locale for the wide selection of products, from tow hooks, apparel & accessories to complete trailers. In addition to the retailing of these product items, the business offers much valuable advice to customers concerning the safe fitting and use of trailers & carriers. The business offers a very popular service for the fitting of these accessories.The business has many competitors in the sector but none of these other retail outlets combines all necessary attributes for advice, safety, service, product range and well known brands in a single location, in the way that this unique store does. This combination is supported by a shrewd sourcing strategy that in order to maintain its position as trusted retailer and advisor means finding products consistent with the service promise that is core to the store’s offering; and at margins, highly beneficial to the business.This blend of sourcing strategy, shrewd purchasing and combined offering has resulted in a retail business that has become a successful destination for customers seeking the very best in the sector.The real power and energy of the shop comes from the attentive and courteous service provided by the staff and the high levels of customer service and satisfaction they generate.Not surprisingly, the store enjoys a good level of patronage – including many active customers on the company database; the store enjoys a high perecentage of repeat custom.This opportunity is an ideal business for anyone looking to engage with the caravanning, towing & cycling sector or for someone already in the sector looking for a strongly performing, additional outlet to bolt on to their existing business activities.

 

   
Year Business was Established: 1950
   
Number of Employees: 04FT  
   
Facilities / Terms of Lease: The premises are Freehold and current estimated value is £250,000. The square footage is circa 2,000 sq. ft and includes showroom, servicing area, stock room and office area. There is also a small, separate servicing and fitting area of circa £750 square feet. The premises have been wholly owned since the 1970’s. The premises has electricity & water and benefits from a Redcare alarm system; other security measures include lockable roller shutters to the rear, lockable window shutters to the front and private gates to its side.  
   
Potential Growth/Expansion: The business has grown organically and with further marketing for both the shop and the regular updating of the website could build on the existing excellent customer base. It would be possible to extend the reach of the business by developing new locations in similar locations around the UK, backed up by a brand strategy for building recognition. In addition to this a new owner could open the shop for longer hours or bring new ideas for new product ranges to the customer base. The business does very little in sales online and this could be increased through a more proactive SEO campaign, along with other channels, to generate further sales.  
   
Competition: The business has an attractive and informative website and is promoted through its NTTA membership.  
   
Owner willing to train: The vendor would be happy to stay and hand-over and are happy to provide training for an agreed handover period.  
   
Reason for selling: Genuine retirement sale.  
   
Seller Reference Number: GM014
BusinessMart.com Listing Number: 240319
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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