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Well Known Electrical Wholesaler In Birmingham For Sale

Birmingham, West Midlands, UK
Asking Price:
£140,000 Furniture / Fixtures included
Turnover:
£395,000
Net Profit:
£50K - £100K

City Business Brokers welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and thriving electrical wholesaler/ retailer.

The Business has been under the careful and meticulous ownership of our clients for the last 20 years, building up an enviable reputation not just locally but within the industry in general, a true testament to the hard work and dedication from the current owner, resulting in the high calibre of business on offer. The business is now being offered for sale due to our clients wishing to leave the industry after many successful years of trading as they look to retire soon.

The business is a leading electrical supplier working throughout Birmingham and Solihull but supplying the whole of the UK.

From Burglar Alarms to LED Bulbs the business stocks a huge range of different electrical products all at very competitive prices.

The business retails a great range of other products such as Electrical cables, conduits, isolators, sockets, switches and trunking plus all kinds of lighting and much more.

The business prides itself on offering the highest standard of service to all its customers and this is reflected in the number of returning buyers, many of whom have been using the business for years.

We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, along with the introduction and further promotion of the dedicated website where customers can either click and collect or order for delivery, along with the introduction of some further products.

This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive income stream.

A tremendous opportunity to own this well-established and popular business, with the current owners happy to offer a hand over period. Early enquiries are highly recommended to avoid disappointment.

We are advised that the business has 2 full-time staff (owners)


The business hours are –

Monday – 08:00 – 17:00
Tuesday – 08:00 – 17:00
Wednesday – 08:00 – 17:00
Thursday – 08:00 – 17:00
Friday – 08:00 – 17:00
Saturday – 09:00 – 15:00
Sunday – Closed


The business is in a prime trading location within a busy area of Birmingham and benefits from being surrounded by a host of complementary businesses, leading to a good level of footfall, and passing trade.

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.

Note: Library images may have been used for display purposes

Property Information

Property:

Leasehold

Lease Terms:

New Lease is available

Leasehold Rent:

£24,000 per annum

Location:

Main road location 2/3 miles from City Centre

Premises Details:

Large property with extension to rear .....

Business Operation

Reasons for selling:

Both owners now wish to retire

Trading hours:

6 days - Monday - Friday 8-5pm Sat 9am-3pm

Employees:
Owner run
Years established:
20

Other Information

Support & training:

Handover period guaranteed