Asking price: £355,000

Sales revenue: £270,108

Net profit: 0 - £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established 25 years. Sales net of V.A.T. in year ended 31/3/2011 £353,296 (50/50 lighting sales/wholesale electrical products/retail lighting). Gross Profit 37%. Circa 300 account customers with strong over counter sales. Loyal & reliable workforce. 2,500 sq.ft. modern light industrial unit includes impressive lighting showroom. Retirement sale. Leasehold. O.I.R.O. £65,000 S.A.V. + net assets (Freehold also available @ £355,000 + net assets).

Property: Freehold

Lease terms
Lease terms upon application

Financing available
Subject to status