Supplier of Mobility Aids in the North East

Darlington, County Durham
REF: 05192

Asking Price:
£120,000
Annual Turnover:
£354,785
Annual Net Profit:
£12,924
REF: 05192

Overview

Tenure:
Leasehold
Established:
2000
  • Bespoke mobility equipment
  • Highly ethical service
  • Supplier to the NHS, local authorities and nursing homes
  • Plenty of professional recommendations
  • Excellent growth potential

This is an excellent opportunity to acquire a family-run business that supplies a full range of mobility and assistance aids to a customer base located across the North East.

The business trades as a supplier of mobility and assistance aids including scooters, hoists, stairlifts, recliners, walking aids, bathroom equipment and nursing beds, specialist seating and powered wheelchairs etc. The customer base includes individuals, the NHS, nursing homes and local authorities.

The business enjoys a terrific reputation and benefits from a high level of recommendations from health practitioners. There remains good growth potential for the new owner to exploit.

Customers enter the premises via the front door at street level. Wheelchairs are available for less mobile customers. Internally, the premises comprise a large showroom containing a wide range of stock. To the rear is a smaller additional showroom. There is also office space and small workshop area for repairing wheelchairs. The repair equipment is included in the sale.

The business has a professional and informative website, but no social media presence. The current owner has valuable contacts within the health sector, which leads to recommendations and extra work. It also enjoys excellent word-of-mouth. The business is a member of the British Healthcare Trades Association.

The showroom is open from 9 am to 4.30 pm, Monday to Friday, and other times by appointment only. Turnover is in the region of £420,000.

The current owner has cultivated excellent relationships with physiotherapists, occupational therapists and other health professionals to ensure a high level of recommendations. The business also enjoys strong word-of-mouth. The new owner will further benefit from large and well-located showroom premises.

Overall, the business offers a terrific platform on which a new owner can build further success. Options include revamping the website and establishing a social media presence. The new owner might also wish to engage in more proactive marketing to generate new business, such as networking events and visiting care homes, etc. There might be additional value in increasing the stock range and rearranging the showroom space to accommodate bathroom displays.

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  • Industrial estate
  • Easily accessible
  • Ample parking available
  • Minimal competition
  • Wide customer base
Rent
£12,376
Rates
£490
Lease Term
TBC
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

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