Well Respected Electrical and Lighting Wholesaler

Price:

Leasehold - £600,000

Seller Ref:

11028

Location:

Berkshire, Reading

Business Type:

Corporate Businesses, Retail businesses

See Other:

Electrical retailers for sale in Berkshire
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Retail businesses for sale in Berkshire
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Description:

THE BUSINESS:

• Established for over 20 years
• 2,100 sq ft Lighting & Electrical Showroom
• £600,000 - £700,000 Turnover
• Busy Main Road Location

This is a well respected and highly reputable independent family business which has been established for over 20 years and is a supplier of a reliable and cost effective service to builders, electrical contractors and retail customers.

The business has recently been relocated to larger premises and has undergone a complete refurbishment in the last couple years with over £80,000 spent on designing and installing a 2,100 sq ft lighting and electrical retail showroom with hundreds of products on display. The premises also have the benefit of a separate trade counter area.

Growth & Expansion Opportunities
The business has grown steadily through repeat and referral business and still has many marketing opportunities which remain to be exploited. This could be with a greater focus on retail customers over the weekend by increasing trading hours and with the introduction of an e-commence online facility all would greatly increase sales and profit.

This is an excellent opportunity for someone wishing to add it to their existing business.

Location Details:

Trading on a busy main ‘A’ road location, and enjoys a high visible location with a high footfall and car traffic passing. It also benefits from having its own customer parking area to the rear of the premises.

Lease Terms:

We have been informed the current rent is £30,000 pa. Business Rates £15,500 pa.

Trading Hours:

Monday – Friday 8.00am – 5.00pm Saturday 8.30am – 1.00pm