Electrical Retailers for sale in Exeter

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Ian McGregor (Nov 2013)
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Leasehold Price: £49,950 Price Reduced Annual Turnover: £489,420
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Business Description
Long established independent ELECTRICAL RETAILER in EXETER offering an extensive range of brown and white goods. Giving a quality service, backed up by a delivery, installation and repair service. Spacious 4,000 sq ft double- fronted premises, subject of major investment over recent years. Accounting information provided confirms a strong reliable profitable business with sales increasing year on year, turnover year ended 2014 ex vat £489,420 @ 39.6%. The vendor owns the freehold of the property and is looking to grant a new negotiable lease with a commencing rent of £40,000 pa. Price £49,950 for the new lease, Goodwill, Fixtures, Fittings and Equipment plus stock at valuation which can be adjusted Ref: EL24094N

Tenure: Leasehold

Listed by: Everett Masson and Furby
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