Business for Sale Overview:
Established in 1981, this company has been serving all the needs of the electrical trade around Essex and the South East for 25 years. Its client base ranges from multi-national companies, hospitals and schools through to local trade professionals. Arsenal Football Club chose this company as one of their suppliers for the new Emirates stadium. With the area’s largest selection of quality electrical products and accessories along with experienced staffing this business has, over the years, earned a sterling reputation for expertise and friendly service. Competitive prices, convenient hours and easy accessibility have ensured the business maintains an extensive base of satisfied, repeat customers who appreciate the shops personalized, individual service.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business operates from leasehold premises. A new lease will be granted by separate negotiation with the current vendor. Annual rent will be charged at £34,000 with addition rates, which will be negotiated. The premises measures circa 2,500 square foot, plus a Mezz floor measuring 1,000 sq. ft. . It also incorporates a shop, sales desk and office.
Market Competition and Expansion:
The business currently advertises through local press, and has a website that is under construction.
Reason for Selling:
Retirement sale.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.