Established in Liverpool since 1984, the company has traded successfully, supplying a huge range of electrical equipment to the trade, public, businesses and various retail outlets across merseyside and further afield. This profitable business has only come to the market due to the current owner wishing to retire due to ill health.
Set within a parade of shops on a busy main road, the retail outlet itself benefits massively from both local, repeat, & passing trade.
Complimented by a variety of retail outlets, pubs and restaurants, the surrounding area is a densely populated, residential community.
Since it was established in 1984, the business has supplied a massive range of electrical products & accessories from uk based & Global Manufacturers.
From wiring, lighting, appliances to tools, sockets to security and many many more specialist fitments, this really is a one-stop shop for all requirements.
The shop itself is very well known throughout merseyside and therefore generates an income through footfall alone of approximately £24k - £25k pcm.
The business also has a fantastic, professional, well established website, linked to google, offering its products online to public and trade. This alone generates sales of approximately £4k - £5k pcm.
There is also a language software on the website ready for any new, motivated owners to take on, enabling the company to go global with their online sales, and therefore, could massively increase turnover with no limits.
The company also recently started to advertise only 8 or 9 products on ebay that has already, since December 2010, consistently generated an income of approximately £2k pcm. Again, a new motivated owner, dedicating more time to this, could offer the whole range of products and greatlyincrease turnover.
There is also a company representative that visits retail outlets within the local area, offering the company products, and generates a monthly income of approximately £8,500. Again with somebody dedicated to this position, along with more sales representatives, there is huge scope to cover a larger area, and again, increasing income.
Suppliers to the company include Phillips, GE, Sylvania and many more.
There is also a huge client database available to any new purchaser which includes clients such as the NHS, Network Rail, Regenda Group, Riverside Group, Building Contactors, Chemists, Bars, Pubs, Hotels, Multi Nationals, Hospitals and again, many more.
The retail outlet is owned by the vendor and is available leasehold at Oiro £25k p/a.
It consists of the main shop area, with a good sized warehouse at the rear, along with office, toilet and kitchen facilities.
We believe this to be a rare opportunity not to be missed. The company has had previous turnovers over £1,000,000 but due to ill health the owner has brought it down to a manageable level that could quite easily be increased with new vision and motivation.
There is currently 8 staff including fulltime, part time and owner.
Opening times are;
Mon - Fri 08.30 - 17.00
Saturday - 08.30 - 12.00
Sunday - Closed
Asking price is Plus stock at valuation
Rateable Value £8,800
New Lease TBA
* Viewing strictly by appointment with Urban Locks Business Sales *
Mon - Fri 08.30 - 17.00Saturday - 08.30 - 12.00Sunday - Closed
Number of Employees: 8
Leasehold Term: new lease tba @ oiro £25kp/a
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