Status: For Sale
Tenure: Leasehold
Leasehold Rent: £43,704 per annum
Turnover: £1,114,146
Established Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For SaleEstablished Electrical Wholesale Business For Sale
£649,000 + SAV

Established Electrical Wholesale Business For Sale

For Sale
  • Reference: 2268-C D
  • Location: Merseyside
Hilton Smythe is delighted to introduce to the market this highly respected electrical wholesaler, established for over 25 years. The business reports a fantastic turnover in the region of £1 million plus. Only now does the business come to the market as our clients look towards a well-deserved retirement.

The business was originally founded by our clients in 1988 operating from smaller premises, with a second shop opening in 1989. The business has seen phenomenal growth over the years and now operates from larger premises from two sites in the North West.

The company supplies a wide range of electrical installation materials including but not limited to:-

Cables
Wiring accessories
Test Equipment
Aerials and accessories
Lighting
Conduit and trunking
Extractor fans
Bells and Chimes
Consumer units
Heating and solar PV heating
Industrial plugs and sockets
CCTV equipment, alarms, detectors
Decorative switches
Timeclocks and meters
Fire alarm equipment
Test Equipment
Fuses, switches and sockets
Hand tools, sealants and adhesives

The business has an excellent reputation which has clearly lead to the success and longevity of the business with an enviable reputation for service provision, flexibility and value for money. With the capability of holding large volumes of stock and a daily delivery service within the locality.

The majority of revenue is generated from repeat business, supplying to trade, industry and private individuals. With many long term customer relationships in situ. Additional revenue is also derived from the businesses interactive website with on-line sales function with 3 day lead time on delivery.

This is an outstanding business with a large loyal client base, ideal perhaps as a bolt on to an existing business already operating within this sector.

TENURE

We are advised leasehold for both units.

The original lease length is 4 years.
There are 4 years remaining on the lease
Reviewed every 3 years
Rent is currently £43,704 for both units.

HOURS

The business opens:-

Monday to Saturday 8.30am - 5.30pm

STAFF

The business is owner run and managed by the owners with the assistance of a highly skilled and loyal workforce of 6.

FINANCIAL PROFILE

The business reports a fantastic turnover in the region of £1 million plus.
With a gross profit of 36%
This thriving business operates from 2 large industrial units.

The first is located on a busy Industrial Estate within Merseyside. The business sits within a complementary blend of residential dwellings and a plethora of commercial businesses. The area is within easy driving distance of surrounding towns within the North West.

The second unit is surrounded by an abundance of businesses ensuring good footfall. The business has excellent road links.
First Store
We are advised the below premises are held on a leasehold basis and briefly comprises:-

Industrial unit circa 5,500sq ft
Storage area
Office
Trade counter

Second Store
We are advised the below premises are held on a leasehold basis and briefly comprises:-

Industrial unit circa 1,722 sq ft
Storage area
Office
Trade counter
Lighting showroom

Both units have CCTV installed and security systems in situ.

Contact us today for more information

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