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Businesses For Sale   >>   Home and Garden Retail Businesses For Sale

Electrical Appliances / White Goods Retailer

Location  United Kingdom
Asking Price Range  $500K - $1.0M
Gross Revenues  $1213029
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1984
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Training  The vendor will provide full support and handover period to ensure a seamless transition of ownership. This should be a relatively simple process as the business has excellent systems and management already in place who run the business.
Reason for Sale  The vendor is looking to retire and spend more time with family.

Description  
Freehold Electrical Appliances/White Goods Retailer & Service Centre for sale. Ref.AI036 Location County Durham Asking Price 350,000 This well established and profitable retail business has been successfully trading in the centre of this town for over 30 years and has built up a sterling reputation in the area, and a loyal customer base, who appreciate the high quality products and superior service levels and installations this company provides. The business has 3 core revenue streams. - Retail sales of leading brand Audio Visual, TV, Satellite and other electrical/ white goods (inc. microwaves, small appliances, vacuum cleaners, laundry) - Domestic installation of such equipment - Full after sales service including in-house service, spares and repair centre The firm is very well established within its market, providing a 'one stop shop' to many of its customers with a guaranteed range of products and services and the highest levels of quality. The business has built up a superb team of staff over the years and this includes senior management. The company has both a sales manager and a service manager in place responsible for the day to day operation of the business. The business is located in the centre of the town whose inhabitants appreciate the high quality brands the company retails. The company is a main dealer for leading AV /White goods and leading appliance manufacturers and has extensive knowledge and advice at its disposal. Customers travel significant distances to view and buy products due to the choice, the advice and more importantly for the after sales service that continues to be provided and includes delivery, set up and installation as well as removal of old items. The company is a Euronics supply partner so it can boast excellent buying power (including suppler rebate agreement) and speedy deliveries.


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