Asking price: £160,000

Sales revenue: £315,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This business has been well established and has shown constant growth in turnover expanding throughout the UK and into Europe.

Items are sourced in the Far East for clients in Europe. These are importers, distributers and manufacturers together with a small number of wholesalers, which are large businesses.

Although the origins of the business are in lighting the trade has now expanded to certain areas of the general electrical market such as switches and sockets with every opportunity to broaden the range in this sector of trade.

The sale of this business offers great potential to any concern within the trade for sourcing their own products thereby cutting costs as well as acquiring a profitable business.

The present owner is willing to introduce all clients and Far East contacts and to be employed by the new owners for a reasonable time.

Operating in UK & Europe

Employees: 1 Director, 3 x Full Time, 1 x Part Time

Trading hours: As required - Plus Office hours Monday - Friday 9am - 5 pm

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
Open ended lease

Location
The business operates from leased premises but can easily be operated from any location within the United Kingdom.

Reasons for selling
Retirement