Substantially Profitable TV& Radio Sales & Repair Business For Sale

Business description

HIGHLIGHTS:
• Substantially profitable TV and radio sales business
• Abridged profits in excess of £50k pa
• Excellent Freehold premises in busy suburb
• Successfully competing with major multiples on price and service
• Finance available (subject to status)

BUSINESS:
This thriving business has a direct dealership with Panasonic offering a highly personal sales and installation service for televisions, DVD players and combined systems as well as selling DAB radios, vacuum cleaners and other small domestic appliances such as toasters, microwaves etc.

Prices are comparable to the major multiples but the repair service also offered and the offer of free delivery, installation and set up together with assistance in how to use the product has ensured a loyal customer base within a sizeable catchment area.

LOCATION:
Situated in a terrace of similar modern, purpose built, units in a busy suburb on the outskirts of a Devon city in an area with an above average number of retired/wealthy retired people.

TENURE:
Freehold

YEARS ESTABLISHED:
Established 70 years +. Under the current ownership since 1987.

EMPLOYEES:
One part-time member of staff undertaking repair work, who will retire upon sale of the business.

TRADING HOURS:
Mon-Fri 9.00am – 5.30pm
Sat 9.00am – 5.00pm
Sun Closed

Property information

Property:

Freehold

Other information

Reasons for selling:

Retirement sale

Trading hours:

Monday - Friday 9.00am - 5.30pm, Saturday 9.00am - 5.00pm

Financing available:

Yes

Inventory / Stock value:

£35,000

Contact the seller