Intelligent business transfer as pleased to present this opportunity to purchase a retail business trading within a largely growing sector. We are all getting older and living for longer and the need for assisted products for the older clientele has never been bigger.
They have an enviable reputation that has been built up over a quick period of time, with the business being offered for sale leasehold due only to an overseas relocation.
The business is dedicated to finding the required and correct mobility aid for all their customers whether elderly or disabled, and is an integral part of the local retailers association and community.
Dealing in the sale of many products that include, but not exclusively, aids to daily living, mobility scooters and transport, stair lifts, power chairs, canes, walking aids, and wheel chairs, this is a highly profitable opportunity yet harbours some further growth.
Recent turnover shows annual sales of £100,000 with gross profits of around 55% to 60% and adjusted net profits of £24,750.
Originally a 10 year lease with 7 currently remaining, the premises are held by a private landlord subject to an annual rent of £25,000. The business to date has been built up by recommendation, reputation, and service with limited marketing, and offers a full repair, mechanics and servicing side with an in-house engineer.
Currently run as a family business, it would be ideal for a similar style operation or husband and wife team.
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