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Wholesale Electrical Distributors Greater Manchester For Sale

(Ref: C1150)

Greater Manchester, United Kingdom

Financials

Asking price: £1,100,000

Sales revenue: £1,781,000

Net profit: £194,000

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
With a substantial track record of being able to deliver strong profitability, this business should appeal as an add-on to established chains.

The business supplies a full range of electrical items to a long standing customer base, including some blue chip. With little exposure to the construction sector, turnover and profitability have been maintained in the current climate. A pride is taken on their speed of service.

The owners have little day to day involvement in the business, but rely on an exceptionally competent management team. They operate from an industrial unit in a main suburb of Greater Manchester with excellent road links.

Turnover to July 09 was £1,781,0000 and a gross profit of £628,000 was achieved.

Please contact The Business Partnership for full sales particulars and financial breakdown.

Years established: Established since 1984

Employees: 13 in total

Trading hours: Open 7 days per week.

Property: Leasehold


Lease terms
3 year lease was renewed in 2008.

Location
An industrial unit is the suburbs of Greater Manchester and with excellent road links.

Support & training
The business is run under management who will remain.


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