Wholesale / Distribution businesses for sale

View the "HIGHLY REGARDED PROVIDER OF WHOLESALE ELECTRICAL MERCHANDISE AND LIGHTING DESIGN SOLUTIONS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

HIGHLY REGARDED PROVIDER OF WHOLESALE ELECTRICAL MERCHANDISE AND LIGHTING DESIGN SOLUTIONS

  • Leasehold Price: Offers Invited
  • Annual Turnover: £28,000,000
Seller Reference: 150641
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Business Description
Seller Reference: 150641
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Business Description
Steadily increasing turnover which reached £28m in FY19.Projected FY21 turnover of £30m and FY25 turnover of £40m. A highly successful business operating for over 30 years. Supplies a comprehensive range of electrical products and components for the benefit of a substantial customer base. Utilises an in-house projects division to deliver complementary lighting design and building automation solutions, generating significant further revenue. Operated on a day-to-day basis entirely by the second-tier management team. Retains over 950 active customers, many of whom provide reliable, repeat custom. Operates from multiple leasehold branches situated across North East England. Significant scope to establish additional branches and enhance the business’s projects division to accelerate growth. Ideal bolt-on acquisition for complementary service providers looking to enhance their market presence. Offered for sale as our clients wish to pursue unrelated opportunities. Offers invited.
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