DIY and Hardware Stores for sale in Scarborough

View the "Electrical Appliances Retailer in Scarborough" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Imran Ahmed (Nov 2014)
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Annual Turnover: £155,000 Annual Net Profit: £16,000
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Business Description

Intelligent Business Transfer are excited to offer to the market this exciting opportunity to purchase a profitable business that retails a vast range of electrical products to the retail and trade industry respectively. The business has been trading in the same position since inception and has been established for over 10 years with strong growth being achieved over the past few years.

The business is well stocked with over £10,000 in products that focus largely over white kitchen appliances products, from washing machines through to built-in cooking appliances with supply contracts with the likes of Bosch. These are well presented within a large freehold unit within a popular part of Scarborough in North Yorkshire.

The business has a firm net profit that can be adjusted to over £20,000PA. The business has remained in strong condition during less favourable economic climes within the industry. The business has a regular service side of operation throughout the town. This supplements the retail turnover significantly and can be expanded in the right hands.

As well as this, there is the added income provided by the two flats that sit above the showroom. These currently generate an additional income of £7,000 PA. Alternatively this space would make appropriate owner accommodation for any purchaser for the business.

The owner is looking to sell the business in order to retire from the industry.
Number of Employees: 2

Listed by: Intelligent Business Transfer
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