 | Vacuum Cleaner Sales and Repairs For Sale Chichester, West Sussex, United Kingdom Advert ref: 1076RA FINANCIAL DETAILS | Asking price: £35,000 Sales revenue: £106,000 Net profit: < £100k 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.
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GENERAL INFORMATION | Years established: 28 years.
Employees: Run by the owner & one part-time.
Trading hours: 9-5 Monday – Saturday.
Property: Leasehold
Lease terms
The current 3 year lease expires in February 2008. 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.
Support & training
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.
Reasons for selling
Retirement.
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The Business Partnership - Portsmouth, SE Hants & SW Sussex | | | |
