White Goods Repair and Retail Company For Sale

Business description

This extremely well established and consistently successful company has been servicing its catchment area for around half a century. It enjoys strong brand image and a loyal customer base. The business benefits from having received repair franchises for several of the major household brands. All of its gas fitters are CORGI registered and its plumbers have attained NVQ’s

Customer Service:

Through its known longevity in the market, the company enjoys a good relationship with its customer base along with a very good reputation.

Key Strengths:

The company employs a “we work until we are done” principle to its daily workload, which means its customers receive a seamless on time service with no work carried over day to day.

Property information

Property:

Leasehold

Lease terms:

Leasehold : The current leasehold has approximately 17 years left to run
Rent : approx. £30,000 per annum
Rates: approx. £5,000 per annum

Location:

Leasehold : The current leasehold has approximately 17 years left to run
Rent : approx. £30,000 per annum
Rates: approx. £5,000 per annum

Other information

Expansion potential:

The company has a customer database of circa 200,000, and the current owner feels that the new owner would benefit greatly from further investment in the gas and electrical side of the business, perhaps even developing into small building works.

Competition / Market:

The company is proactive in keeping their brand image visible in their catchment area. Advertising activity includes local radio, leaflets, booklets, direct mail and a website.

Support & training:

The owner of the business is happy to provide adequate support and training during the handover.

Reasons for selling:

The current owner now wishes to diversify in to other business interests

Trading hours:

Monday – Friday: 8.30am – 5.30pm Saturday: 9am – 12.30pm