Electrical appliance retailer and wholesaler based in Stalybridge

Stalybridge, Greater Manchester
REF: R07377

Asking Price:
£199,950
Annual Turnover:
£793,781
Annual Net Profit:
£79,972
Reduced
Recently Sold
REF: R07377
Photo of Electrical appliance retailer and wholesaler based in Stalybridge

Overview

Tenure:
Leasehold
Established:
2011
  • Excellent Reputation
  • Wide Variety of Products & Services
  • Well Equipped Business
  • Huge growth potential

The business for sale is a family owned, electrical appliance retailer and wholesaler based in Stalybridge, Greater Manchester. This business sells a wide range of freestanding and integrated kitchen and home appliances from washers, dryers, sinks, kettles and toasters to ovens, microwaves, hobs, vacuum cleaners and fires, as well as thousands of spare parts.

Since establishment in 1989, this business has gone from strength to strength and now stocks 6,000 different parts and has over 600 appliances on show. This business takes pride in the excellent customer service it provides and its ability to deliver appliances quickly, in some cases on the same day of purchase. The business currently services both the public and trade buyers – of which 60% of sales are made up of the latter.

The current owner operator is now looking for a new owner to ensure the continued success of the business.

All stock is included in the sale price.

The business for sale is a well-established electrical appliance retailer and wholesaler based in Stalybridge, Greater Manchester. This business sells a wide range of freestanding and integrated kitchen and home appliances from washers, dryers, sinks, kettles and toasters to ovens, microwaves, hobs, vacuum cleaners and fires, as well as thousands of spare parts.

This business stocks 6,000 different parts and has over 600 appliances on show in the showroom. This business benefits from an excellent e-commerce website that complements the retail showroom. Approximately 60% of sales are made up by trade customers.

The premises of this business are all on one floor with appliances on show as customers walk into the building. There is a trade counter and to the rear is a large storage area with offices and staff facilities. The owner of this business prides himself on the excellent customer service and personal sales advice that this business provides.

This is an unmissable opportunity to take on a popular and well situated electrical appliance retailer and wholesaler in the busy town of Stalybridge, Greater Manchester, which sells a large variety of electrical appliances and spare parts.

This business would be best suited to a smaller business looking to grow or a similar business in the electrical appliance industry looking to take on a successful company. It also has excellent potential for growth and could be developed further by investing in additional advertising through the use of local leaflets and digital marketing. This business has a successful website and Facebook page, but could be grown further though the use of other social media platforms.

The current owner is willing to stay on for a transition period to ensure the smooth handover of the business.

Features

Online Presence

Website: www.empirespares.co.uk/

Location

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  • Good Transport Links
  • On-Site Car Parking
  • High Footfall
  • Limited Competition

Property

Annual Rent
£36,000
Annual Rates
£1,000
Lease Term (Years)
10
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
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Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
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