Security And Electrical Equipment And Hardware Wholesalers
Price:
Leasehold - £220,000
Business Type:
Retail businesses, Service Businesses
HISTORY
• The business was founded by the present vendor over 9 years ago, during which time he has established an enviable local reputation for offering the latest security and electrical equipment at excellent wholesale prices.
REASON FOR SALE
• The business is only now being reluctantly offered for sale to enable the vendor to concentrate on his other unrelated business venture.
PRODUCTS
• The business offers a cost effective wide range of security products from intruder alarms through to the full range of CCTV and observation systems, door entry and much more
• In addition, they have a comprehensive selection of general hardware products on display which are available from their trade counter
• They also offer on-site key cutting.
SERVICES
• The business offers a flat rate delivery service charge of only £4.99 plus VAT to any mainland UK destination.
CUSTOMERS
• Approximately 50% of sales are obtained by mail order
• 25% is general retail from their busy high street shop with the remaining 25% general trade sales
• The business also has a growing export market, the busiest of which is Cyprus and Greece who order approximately £3,000 of stock every month
STRENGTHS
• A very well established business which has been trading for over 9 years
• Excellent fully interactive web site which helps to generate approximately 50% of sales via mail order
• Outstanding annual sales of circa £720,000 which are being achieved consistently
• Business has a large stock holding of approximately £100,000 so is able to give a swift delivery on most items.
SCOPE
• Offering an installation service for the alarm and CCTV systems
• Have a greater focus on internet marketing by extending the product and supplier range
• A full time working owner would become more focused on the business opportunities available and could also possibly reduce staff costs.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
• The business is presently located on a busy parade of a market town in Berkshire
• The lease has only one more year to run, it can be easily renewed or the whole business could be re-located to suit a new owner
• Weekdays 8.30am to 5pm
• Sat: 9.30am – 2pm
• Sun: closed
• Spacious mid terraced ground floor lock up premises which briefly comprise:
• Centre opening door into the store with general hardware items on display
• Middle sales gantry with side shelving and racking
• Rear counter and till
• Through to substantial rear stores with full height racking to every corner
• 2 side offices
• Rear w/c and kitchen
• Back exit to rear car park
• The premises are very well presented throughout with laminated flooring and a suspended ceiling
• It benefits from its own alarm system and has a 8 camera CCTV system
North Yorkshire
£ 750,000
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