Wholesalers for sale in Essex

View the "Well known Wholesale Electrical Supplier to the Trade with Large Warehouse" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £500,000 Annual Turnover: £1,886,766 Annual Gross Profit: £566,118 Annual Net Profit: £124,642
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Business Description
The vendor started this business as a small independent that has established for 30 successful years and earned an excellent name and good trade service. A well known electrical supplier to the trade, the business has a large display showroom and trade desk. The main business accommodates the commercial and industrial sectors, although customers from the DIY and domestic market are also catered for.

A member of a leading purchasing consortium in the UK with a turnover in excess of £200m, they are consistently price competitive across all of the products. Being part of a buying group not only affords the power to provide products to our customers at very competitive prices, it also offers our customers a national network of outlets.

The business utilises Agathos, a bespoke system for the electrical wholesale trade, perfectly designed for business efficiency.
Trading Hours:
Monday – Friday: 7.30am – 5.30pm


Number of Employees: 06

Tenure: Leasehold

Competition:

The business has undertaken very little in the form of traditional marketing, over the years preferring to rely on referrals, repeat business and word of mouth recommendations to generate revenues. Marketing has simply been through the local papers

Support & Training:

Support and training will be provided to ensure continuity of trading and a smooth transition of ownership.

Location Details:

Two units of circa 2,500 sq. and 1,300 sq. ft. respectively with a large trade counter and a double mezzanine area.

Outside there is ample free customer parking

Leasehold Term:

The vendor owns the freehold of the two units,(current value circa £400,000), which would be available by separate negotiation and at an additional cost to the asking price. His preference would be to sell the business and property however; he would also consider creating a lease for the new owners. Annual rent £32,000 and rates of £14,369.

Listed by: Turner Butler
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AE053
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