In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
Business for sale in United Kingdom - 7026ng nottingham 110,000 l/h household appliance retail servicing
| Asking Price: | 110,000 £ |  |
Real Estate: | Ownership |
 |
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales Revenue: | 109,646 £ | ||||||||||
| Net Profit: | 36,737 £ | ||||||||||
| Year Established: | 1976 | ||||||||||
| Employees: | Not Disclosed | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
|
||||||||||
Business types:
Retail
Business categories:
Electronics & Appliance Stores
Business description
Advent Business Sales have been instructed to offer for sale this wellestablished and successful business. Established 32 years ago by the vendors it is now reluctantly offered for sale due to the vendor s retirement and emigration plans. The business currently retails predominantly refurbished white goods and operates on site repairs. There is a large and loyal customer base, which is supplied within the sale, including a vast number of local landlords, local letting agents, housing associations and local councils. The extraordinarily high levels of repeat business that this generates means the vendors currently run to full capacity and therefore do not advertise the business at all. EXPANSION POTENTIAL This is an excellent opportunity to purchase a profitable business with unrivalled customer case and reputation and enormous potential to expand further with advertising and additional staff. TRADING HOURS Mon Sat: 9.00am 6.00pm FINANCIAL INFORMATION We have been advised by the vendor of the following: Turnover: 109,646 Gross Profit: 75,842 Net Profit: 36,737 Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES A double fronted showroom premises in a prominent corner location with large car park to rear and consisting of the following: Ground Floor Double fronted showroom premises with storeroom to side Doorway leading through to workshops and offices Doorway to cellar W/c Doorway to rear exit of premises leading to car park below ground floor Large 4 bay cellar External Paved to road at front and side Large public car park to rear TENURE: Ongoing rental with lease available Annual Rent: 130.00 per week We are advised that the annual business rates are currently: 660.30 per annum
Additional information
| Additional information: | Not Disclosed |
|---|---|
| Support & training: | Not Disclosed |
| Reasons for selling: | vendor’s retirement and emigration plans. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | yes |
|---|---|
| Will owner sell real estate?: | yes |
| Included in asking price?: | yes |
| Value: | 0 £ |
| Location: | The business is ideally located in a prominent corner plot within a densely populated residential area of Nottingham. There are excellent parking facilities with a large shopper’s car park to the rear & a further shopper’s car park approximately 40 yards away and free on street parking outside the premises and along the parade. The immediate area surrounding the business has a high amount of student letting accommodation, which represents a large portion of the customer base. There are excellent transport links including access to junction 24 – 27 of the M1 motorway, a tram system and a large railway station with train links throughout the region and into the city of London. |
In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
