This is a superb opportunity to purchase a well-established retailer of (white goods) electrical appliances in Bloxwich. The business is available on a leasehold basis.
The business sells a wide range of new and used electrical appliances to their customer base, with a particular focus towards white goods such as refrigerators, dishwashers and microwaves. The business has become a steeple in the local community is primed for future growth and success under the impetus of new ownership.
• Excellent Reputation in the industry and local community
• Premises Renovated to a high standard throughout
• Loyal Customer base
• Excellent referral network in place
• High Footfall Location
• Highly Sought-After Location
• The business has the capability to offer finance on their products
• Minimal Competition
• Excellent Relationships with key suppliers in their industry.
• Minimal Overheads
• High Turnover - £92,494
• Gross Profit - £38,321
• Net Profit - £12,272
• High Adjusted Net Profit - £20,000 (approx.)
• Huge Opportunity for further growth and success.
The vendor is regretfully selling this business to pursue other business interests. This is an excellent opportunity for a first time or experienced entrepreneur in the retail sector. This business has experienced a substantial amount of interest at an initial stage due to their location and reputation, so to avoid disappointment, please contact us for further information.
Support and Training:
Full Training and Handover to Be Given
High Footfall Location in Busy Town Centre
Competitive Lease in Place - Rates Exempt