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Business for Sale Overview:

This highly successful and well respected company has been trading for thirty years. During which time it has evolved from a general hardware store to one of the leading web based distributors of electrical goods supplying customers right across the UK. The IT structure is key to its success. It carries over ten thousand electrical products on line which are listed on eight shopping sites and linked to sixty domains. It has a base of around a hundred suppliers of which ten supply the majority of its needs. It has established relationships with these suppliers based on a trading history that goes back for twenty years. The structure of the company and its marketing strategy means that its customer base encompasses every potential buyer of an electrical item. Customers range from the man in the street to contractors, architects, developers, and some general trade buyers. It is absolutely unique to this sector due to its policy of pre payment. Every item is paid for at the point of order giving superb cash flow and therefore strong buying powers

Property Features and Assets:

The company is located on a new industrial park. The immaculate premises occupy around 2,500 square feet at an annual lease of £16,500. The term of the agreement is for ten years with nine years to run. There is an exit clause after five years. The building houses a large reception / trade counter area, a well-appointed large office and a warehouse. There is ample room for expansion.

Market Competition and Expansion:

The business has a very strong IT strategy. Eight shopping sites and connections to sixty domains form the basis for its success.