* Included in Asking Price
Mobility Retailer Electric Scooters, Stairlifts, Wheelchairs, Access Equipment and Mobility Aids
Location East Anglia
Asking Price £ 350,000
Turnover circa £600,000 per annum
Gross Profit circa £215,000 per annum
Pre tax Profit circa £150,000 per annum
Asking price includes:
Fully fitted City centre location showroom
Established and highly regarded retailer
High quality supplier base
Repeat client base
This business is a specialist in the purchase and supply of mobility scooters, ancillary products and accessories, all of which are displayed and sold direct to the public from the company’s city centre retail showroom and workshop.
The business is well respected within its field and offers to its client base quality products at competitive prices. This is a major point of success for the business as it remains one of the very few true independent suppliers, enabling the business to offer quality throughout and cater for the full needs of the individual client.
The business is a highly knowledgeable organisation, offering not only supply and repair services, but also skilled advice on mobility products and their usage. This has proved to be invaluable to their clients securing high levels of loyalty and repeat business; hence the year on year growth figures the business has produced.
This is a high value business with annual turnover reaching circa £600,000 coupled with high gross profits circa £215,000 and impressive year on year adjusted net figures circa £150,000. The business has very little competition due to their unique position in the market as a retailer who can offer a full and comprehensive range of disability products in one showroom.
The location of the business has had a large bearing on the business success as a good percentage of the people demographic of the city are retired or elderly. The business has skilfully tapped into this increasing market, and this now shows in the upward trend of the revenue, and profits of the business
|Facilities:||The business trades from a city centre location.|
|Competition:||Word of mouth recommendations produces high levels of both new and repeat custom, there are strong development opportunities available through the introduction of a modern and bespoke web presence coupled with a targeted advertising campaign in local press and lifestyle magazines.|
|Growth Potential:||With the management systems and product mix in place there is a high degree of repeat business, giving substantial returns, and a solid base in which to build upon.
Growth and new revenue streams can be achieved by the roll out of this already successful business model, to new retail outlets, and a greater presence on the web|
|Training/Support:||The vendor will offer to the new owners a full and comprehensive training and hand over program to facilitate a smooth transfer and continued growth of the company.|
|Sale Reason:||The business is offered to market at a time when the vendor can with confidence, hand the business t|
Seller Reference #GN009
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