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Finance And Services:

Business For Sale. Mobility Aids, Equipment And Accessories Retail Shop

LISTING DETAILS
Firms For Sale ID:
34773
Vendor reference:
GN013
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£90,000  
Turnover / revenue:
£170,000
Net profit / cashflow:
£60,000
Years established:
8
Trading hours:
Monday Friday: 09:00 17:00
Employees / staffing:
The vendors are the only employees in this outlet.

OTHER DETAILS
Reason for selling:
Other business interests.
Support and training:
The current owner would be happy to provide full training and support at handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Premises are a real strength of this business. Ideally located on a discrete and busy industrial estate that is close to the A1M Motorway and a busy thoroughfare, the business is very well known and accessible. The site is circa 0.2 acre and comprises a single storey showroom of circa 1,000 square feet with reception and toilets. There is a large parking area to the rear and the storage facility is adjacent of circa 800 square feet. The showromm has a fully glazed frontage and is highly visible to passing trade. Premises are leasehold and arranged on a rolling, annual basis. Current rent is circa GBP 4,000 p.a. Rates are circa GBP 1,800 p.a.
 
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BUSINESS DESCRIPTION
Mobility Aids, Equipment and Accessories Retail Shop
Ref. GN013
Location : Hertfordshire
Asking Price : GBP 90,000
This business is part of a dual location retailing operation for mobility aids, equipment and accessories that has been trading since 1990 and with this particular outlet since 2009. The vendor has decided to sell this Hertfordshire outlet since both have been increasingly busy and he finds himself unable to match his efforts equally, as they each deserve.
The second second outlet is very much nearer the vendors home.
This profitable business has established itself as a market leader in the region with an enviable reputation for quality and service. Because of this the business enjoys very high levels of referrals and repeat business from a loyal following of customers.
The showroom carries a full stock covering key areas including:
Mobility
Bathing
Toileting
Personal Care
Bed & Chair
Comfort
Health& Leisure
Kitchen
Around the Home
Stairlifts
This outlet is run by the vendor and his wife with no additional staff and would suit a new owner manager motivated to commit to this outlet in a way that the vendor is unable to and thereby increase turnover and profits.
Location is ideal being close to a busy town centre, major road networks and other market towns and also has ample parking so customers can access the showroom easily.

Expansion Potential
The business has enjoyed consistent growth over recent years and this is expected to continue in light of its growing and loyal customer base.

The business does very little advertising and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place.

Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise bearing testimony to the fact that it enjoys exceptionally high levels of repeat business from a large and loyal customer base.

There is however a comprehensive and attractive website detailing the services and facilities offered and a detailed product brochure.