Highly Profitable Growing Mobility Retailer For Sale

Business description

This is an excellent retail Mobility Shop located in a prime retail site next to other high footflow retailers..

§ Excellent reputation for caring quality & service
§ Very active customer base & Circa 80% repeat business
§ Strong product supply lines
§ Excellent gross margins for the sector
§ Consistent profitability
§ Immediate opportunities to expand via extending the services on offer

The shop operates from a well-stocked, bright and interesting unit, next to other high activity shops. The business specialises in sales and servicing of mobility scooters and power wheelchairs, stair-lifts and other health products as well as stocking a vast range of mobility products e.g. wheelchairs, bath aids, lift and recline chairs, ortho chairs, lift beds and many more healthcare products. The caring principals of the owners towards their customers have not been at the exclusion of good business practices and, as a result, the business is run on highly efficient basis with gross margins and profitability above average and continuing to grow.

Property information

Property:

Leasehold

Location:

Kings Lynn & Dereham. Located in modern commercial units in excellent positions next door to other quality retailers

Premises details:

The shop is in a good quality light commercial retail outlet, recently constructed

Business Operation

Expansion potential:

The shop has been operating for over 18 months and continues to grow rapidly and will continue to do so under new ownership

Competition / Market:

Very little competition within a large catchment area

Reasons for selling:

The owners wish to concentrate on other business interests

Trading hours:

Normal retail trading hours

Employees:

1 full time

Years established:

Over 18 months

Other information

Support & training:

The owners will be pleased to offer all support and training

Financing available:

Have strong contacts with three banks who would be interested in lending to the potential purchasers of this business

Furniture / Fixtures value:

£3,000 (included in the asking price)