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 client for the last 25 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 supplier of electrical fittings working throughout the Midlands but supplying the whole of the UK.
The companies leading sale products are Sockets, Switches and Dimmers
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 2 part time staff
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.
Included in the sale price is approx. £400000 stock at cost!!!
