Electrical Retailers for sale in Manchester

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S Martin (Feb 2013)
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Freehold Price: £125,000 Price Reduced Turnover: £150,000 Gross Profit: £52,500
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Business Description
BUSINESS
Hilton Smythe is delighted to introduce to the market Partington Domestic Appliances. This busy retailers was originally established in 1969, and has been a great success. Our client first set up the business and is now reluctantly selling due to the desire for retirement.

This domestic appliance store sells all home appliances such as washing machine, tumble dryers, hovers, fridges, freezers, cookers, microwaves and all appertaining accessories. The store is the go to place for appliances in the area, and has built up an excellent customer base over the years.

The business is current being run at a steady pace to meet the needs of our client. There is huge scope to increase turnover with a new owner willing to work hard to run the business to its full capacity.

In the upstairs of the premises is a workshop area from which our client offers a repair service. We believe with a little extra advertising for the service, there could be a rapid increase in custom.   

The current turnover for the business is an advised £150,000 per annum, with a gross profit of 35%. The business doesn’t yet have a website, this could be something the buyer could look into increasing trade and boosting sales.

This is an excellent opportunity for a new owner to take this well-established and very busy turnkey business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

LOCATION
Partington Domestic Appliances is set on a main high street in Atherton, Greater Manchester.

Surrounded by a plethora of complementary businesses, there is always a generous amount of footfall. Atherton is the third largest retail centre within Wigan that has a pedestrianised shopping centre. To the back of the property are 2 large free carparks.

Atherton has excellent road links and is around 5 miles from Wigan town centre, and just over 10 miles from the City of Manchester. The A579 runs through the town and the M61 is just a short distance away. The town also boasts its own railway station and frequent bus services.

PREMISES
The property boasts a double fronted substantial plot on the corner of a busy high street. The business is set over two floors.

The entrance leads through to the main shop/show room area. The counter is to the rear of the main shop, with a computer. There is also a separate office area. Door at rear of building leads through into a small yard.

The first floor is a large open plan room, this is currently used as a workshop. The two smaller rooms are currently used for storage, there is also a bathroom/toilet for staff. This space could be used to further product ranges.

All fixtures and fittings, shelving and racking are included in cost of sale.

The premises is well secured with a burglar alarm and CCTV system fitted.  Across the doors and windows are metal roller shutters.

TENURE
We are advised the business is freehold

HOURS
The business opens:-

Monday: 9:30am – 4:30pm

Tuesday: 9:30am – 4:30pm

Wednesday: 9:30am – 1pm

Thursday: 9:30am – 4:30pm

Friday: 9:30am – 4:30pm

Saturday: 9:30am – 4pm

Sunday: Closed

STAFF
The business is run and managed by the owner with the assistance of 1.

FINANCIAL PROFILE
The business reports a turnover of £150,000 per annum

With a gross profit of 35%


Tenure: Freehold

Listed by: Hilton Smythe
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