Domestic Appliances for sale in Swansea

View the "Here is a Domestic Appliance Business That Is For Sale In Swansea, Wales" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Here is a Domestic Appliance Business That Is For Sale In Swansea, Wales

Swansea, West Glamorgan, Wales

  • Leasehold Price: £40,000
  • Annual Turnover: £42,750
  • Annual Net Profit: £14,627
Seller Reference: BB5112
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Business Description
 
 
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Seller Reference: BB5112
Request Details
Business Description
Business Overview:

For sale is a Well Established Domestic Appliance Company that has been in existence for 38 years. This well known business is now for sale due to the owners looking to enjoy a well deserved retirement.

Business Description:

This well established Domestic Appliance Company, from which a loyal customer base has been built over the years, is new to the market. For a buyer looking to walk into an existing, successful enterprise, this is a great opportunity.

The current owners of this charming, independent Domestic Appliance Company business are looking for a new owner with the ability to expand on the successful foundations they have laid.

If you are an entrepreneur looking to run your own business with excellent trading position, then this is the perfect purchase.

In addition to a fully functioning website, The Business has an online presence on platforms such as Twitter and Facebook.

You now have the chance to own a hugely successful Domestic Appliance Company. This company has been established since 1983 and the owner is retiring. It is an exciting and rare opportunity to own this company. The business is one of the longest-running in the area, making it an excellent opportunity to purchase one of the most popular in the area.

Due to a high number of clients renting out household goods, the business receives many recurring payments. There are currently 200 clients renting domestic goods.

One of the ways in which the new owners can easily achieve this growth is by renting out more goods. This is a business with a lot of potential for growth. You might also look into the current website's online capabilities.

A sign-written van is also included in the business sale.

If the new owners wish, the current owners would be willing to participate in a transitional phase following a sale.

Local customers benefit from the business, as does a year-round tourist trade. Website, Facebook page, and Instagram account are all successful for the company. Also, this company has been approached on several occasions via email to carry out Insurance work.

Due to our client's desire to retire, the business is offered for sale and would be ideal to be run by a hands-on owner-operator. It would also be an excellent bolt-on acquisition with complementary service providers.

It is a unique business with tremendous potential for growth and is ideal for someone who is interested in acquiring an established company. It is highly recommended that you view this wonderful business opportunity and contact the vendor with any questions.

Business Location:

The business is in a prominent trading position in Swansea, South Wales.

Ideal Buyers:

Electricians, Domestic Appliance Companies, Some Knowledge with Domestic Appliances.

Key Features of Business:

Excellent Reputation;

Loyal Customer Base;

Hugh Growth Potential;

Well Equipped Premises;

Low Overheads;

Professional and Friendly Team;

Wide variety of services or products;

Strong supplier Relationships

Rent:

£4,320 Per Annum

Rates:

EXEMPT

Number of Staff:

0

Vendor Open to Transitional Period:

Yes

FINANCIALS:

Annual Turnover:

£42,750

Net Profit:

£14,627

Business Stock:

Approx £1,000

ASKING PRICE

£40,000
Tenure:
Leasehold
Location Details:
Business Location: The business is in a prominent trading position in Swansea, South Wales.
Listed by:
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