Safety Products Equipment Business For Sale

Business description

Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established personal safety equipment business.

Founded by the vendor in 1995, the business is only now being reluctantly offered for sale as he plans to retire.

The business offers a full head to toe personal safety equipment facility including:
• Footwear
• Trousers
• Jackets and coats
• Masks
• Ear defenders
• Gloves
• Spectacles and goggles
• Hats and helmets
• General high visibility clothing
They also offer a full range of safety signs, barriers, bollards, cones and harnesses.

We are advised that stock at cost is approximately £35,000 to £40,000.

The business is fully re-locatable anywhere in the region and would make an ideal ‘bolt on’ to an existing operator servicing the same industry sector.
REF: 8923OX

Property information

Property:

Leasehold

Lease terms:

TENURE: Leasehold
Original lease: 2 years
Remaining lease: 1 year
Review every: 2 years
Rent: £5,000 P.A.

We are advised that the annual business rates are currently: £1700

Living accommodation:

BUSINESS PREMISES Ground floor lock up premises briefly comprising of the following: Ground Floor • Side door entry into the sales reception/counter area with glass display • Side office • Tall racking for stock selection • Rear kitchen • Shared w/c The business is fully alarmed and there CCTV cameras on the site generally but not the premises specifically

Location:

The business is located in the heart of a large commercial area of an affluent town in Oxfordshire. Situated in a retail part of the estate, other businesses nearby include a post office, convenience store, takeaway, café and a bank.

The business has a large shared car park with approximately 40 spaces and there are plenty more around the estate.

Nearby towns include Abingdon, Wantage and Didcot. The M4 and M40 motorways are both located conveniently.

Business Operation

Expansion potential:

EXPANSION POTENTIAL
The business has many aspects which would increase sales and/or profits such as:
1. Opening on a Saturday to service the many commercial businesses in the area
2. Having a fully interactive web site to take advantage of on line enquiries and sales
3. Having regular leaflet drops with special offers
4. A vendor who worked full time could eliminate the wages cost, which is currently duplicated
5. Increase the stock range to include hardware and janitorial products
6. Re-locate to a shared facility to cut back on the rent and rates cost

Trading hours:

Mon-Fri: 8.3.0am – 4.30pm

Employees:

The business employs one part time employee who works approximately 2 or 3 days per week and the vendor who works 4 days.

Other information

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

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