Business for Sale Overview:
This highly successful appliance repair business was established by the current owners in 2002. They spotted an opportunity in the London market place to develop a business that was primarily focused on repairing electrical and gas appliances where the repair would be funded by an insurance backed guarantee.
This strategy has proved to be sound and they are now the ‘top tier’ repairer in the Greater London region. In addition, work is also now undertaken for first year manufacturer warranty as well as sub contract work on behalf of other third parties.
The business repairs equipment from the following manufacturers:
De Dietrich, Hotpoint, Hoover, Zanussi, Electrolux, Maytag, Amana, Whirlpool, Servis, Miele, LG, Samsung, Bosch, Siemens,
Neff.
Circa 15,000 jobs per annum are completed.
For gas appliances the company is CORGI registered.
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 company occupies excellent high street premises of circa 600 square feet, with a further two lock up garages used for spare parts storage. Total rates and rent for all premises is circa £12,700 per annum.
Market Competition and Expansion:
The company advertises in Yellow Pages™ and Thomson Local™. Telephone service is managed through Buzz Networks.
The business has reached the stage where the development and execution of a strategic marketing plan addressing all media activities would be of significant value. This would include the need for a website.
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.