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Traditional Home Lighting Retailer with Commercial Department

Price:
Leasehold - £450,000
Turnover:
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Seller Ref:
JC025
Location:

Wales, Cardiff

Business Type:

Retail businesses

See Other:
Electrical retailers for sale in Wales
Retail businesses for sale in Wales
Description:
THE BUSINESS:
Turner Butler is delighted to offer for sale this specialist, profitable retailer of superior quality lighting products, which was established over 30 years ago and is only now offered for sale due to our clients wish to consolidate. The business has a turnover of approximately £600,000 per annum with a gross profit of 57% and Net Profit circa £100,000. The company retails a vast selection of lighting products and claim they have the largest display of its kind in Wales. Products include ceiling and wall lights, table and floor lights, spotlights, outdoor lights, fans, LED, shades, accessories, sockets and switches & light bulbs and commercial lighting. Experienced staff are fully trained in the A-Z of the lighting business.

This is an excellent opportunity to acquire a successful and well-established profitable business.
Lease Terms:
The premises are leasehold with rent and rates being £87,000 per annum.
Trading Hours:
Monday – Wednesday: 9.30am – 5.30pm Thursday:- 9.30am – 7.00pm Friday:- 9.30am - 5.30pm
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