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Electrical Retailer And Household Appliance Repair
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1994
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training The owner of the business is happy to stay on for a handover and to provide training as necessary.
Reason for Sale The current owner is looking to retire and spend more time at her property in Turkey.
Description Domestic Household Appliance Retailer White Goods and Electrical Merchandise Business For Sale
Ref.AD022
Location Kent
Asking Price A 255,000
Established in 1994, with a highly desirable town centre location, this business has grown to become the number one domestic household white goods and electrical appliance retailer in the area. With no local competition, the retail and repair sides of this business compliment each other perfectly.
The current owner has made it a priority of the business to provide service levels above and beyond what would be expected from larger less personal retail chains. Prompt delivery also ensures both customer satisfaction resulting in plenty of repeat business and numerous referrals resulting in additional sales.
The owner is involved in the local chamber of commerce and the business also benefits from membership of The Electrical Retailer Association. A key factor in the success of this business is the extensive range of stock that means clients can get what they want, when they want. The nearby storage facility allows for this key ingredient and helps see off competition elsewhere in the county.
Located in an affluent part of Kent this company has built up an enviable level of customer loyalty and with the latest accounts confirming annual turnover of over 450,000 and a gross profit of approximately 25%, this business provides an outstanding opportunity for an existing retailer or for any buyer looking to purchase a ready made successful business in a lovely location.
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