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Mobility Retailer For Sale - Electric Scooters & Associated
Location United Kingdom
Asking Price Range $500K - $1.0M
Gross Revenues $974848
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The vendor will offer to the new owners a full and comprehensive training and hand over program to facilitate a smooth transfer and continued growth of the company.
Reason for Sale The business is offered to market at a time when the vendor can with confidence, hand the business to new owners who with enthusiasm and commitment can take the business to its next level.
Description Mobility Retailer Electric Scooters, Stairlifts, Wheelchairs, Access Equipment and Mobility Aids
Confidentially offered for sale
Ref No: GN009
Location: East Anglia
Leasehold
Asking price: 350,000
This business is a specialist in the purchase and supply of mobility scooters, ancillary products and accessories, all of which are displayed and sold direct to the public from the companyys city centre retail showroom and workshop.
The business is well respected within its field and offers to its client base quality products at competitive prices. This is a major point of success for the business as it remains one of the very few true independent suppliers, enabling the business to offer quality throughout and cater for the full needs of the individual client.
The business is a highly knowledgeable organisation, offering not only supply and repair services, but also skilled advice on mobility products and their usage. This has proved to be invaluable to their clients securing high levels of loyalty and repeat business; hence the year on year growth figures the business has produced.
This is a high value business with annual turnover reaching circa 600,000 coupled with high gross profits circa 215,000 and impressive year on year adjusted net figures circa 150,000. The business has very little competition due to their unique position in the market as a retailer who can offer a full and comprehensive range of disability products in one showroom.
The location of the business has had a large bearing on the business success as a good percentage of the people demographic of the city are retired or elderly. The business has skilfully tapped into this increasing market, and this now shows in the upward trend of the revenue, and profits of the business
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