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Advert Details

Vacuum Cleaner Sales and Repairs For Sale

(Ref: 2830-1076RA)

Chichester, West Sussex, United Kingdom

Financials

Asking price: £35,000

Sales revenue: £106,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
This owner of this business has been operating for 28 years (8 years in the current location) selling vacuum cleaners, a comprehensive range of spare parts and offering a repair service. There is a consistent steady sales growth, no local competition and regular clientele. The current owner is retiring but offers a complete handover service.

Description:
Trading Hours:
9-5 Monday to Saturday.

Premises Details:
Franchise Terms:
Training Provided:
The current owner is willing to stay on for a negotaited period of time to help the new owner familiarise with all aspects of the business.

Planning Consent:

Years established: 28 years.

Employees: Run by the owner & one part-time.

Trading hours: 9-5 Monday to Saturday.

Property: Leasehold


Lease terms
The current 3 year lease expires in February 2011. Landlord willing to negotiate new lease with purchaser. Current rent is £20,000 and rates are £5292 per year.

Location
Based in an attractive modern arcade of shops in town centre with parking nearby

Competition / Market
A good opportunity to take over a business with growing sales and the opportunity to receive expert guidance in helping establish the reputation of the new owner.

Reasons for selling
Retirement.


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