Freehold Electrical Appliances, TV & PC Retailer & Service Centre with new online sales facility.
Asking Price £ 575,000
This very well established and successful retail business has been trading in the centre of this town for some 15 years and has built up a sterling reputation in the area, and a loyal customer base, who appreciate the high quality products and superior service levels and installations this company provides. The business benefits from having very limited direct local competition provides its customers with a comprehensive sales and after-sales service.
The business several core revenue streams as well as two new ones which should increase both sales and profitability moving forward. These include:
• Retail sales of leading brand Audio Visual, TV, Satellite, PC, Phones and other electrical/ white goods (inc. ovens, fridges, freezers, dishwashers, laundry microwaves, small appliances, vacuum cleaners etc.)
• Domestic installation of such equipment and removal of old units
• Full after sales service inc. spares, consumables etc.
• New online sales of above goods via 2 new and secure e-commerce platforms.
• New commercial catering equipment/appliance supplies. This was developed due to market demand in the area and at time of this business going to market has only been trading 6 months. Sales to date have been impressive with good margins being achieved. Business has its own catalogue listing circa 20,000 lines from leading brands.
The firm is very well established within its market, providing a ‘one stop shop’ to many of its customers with a guaranteed range of products and services and the highest levels of quality. The business has built up a superb team of staff over the years and this includes senior manager and long serving sales and administration staff.
Asking Price $736,979
Profit Available On Request
Converted From GBP
Exchange Rate $1.28
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