Business for sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and profitable business with excellent further potential.

Established by the vendors over 30 years ago, it is now reluctantly offered for sale due to their retirement plans.

Currently staffed by the vendors in a management capacity plus 5 full-time employees, the business stocks a broad range of hair and beauty products with a reputation as a specialist in Afro-Caribbean hair.

The current customer base is nationwide with deliveries carried out by a fleet of 3 vans.

Sales have increased on a yearly basis with almost 100% from repeat clients as the business is not advertised and does not have a sales force offering excellent potential to rapidly increase still further.

It is worth noting also that there is a suite of unused offices to the first floor frontage of the premises with excellent potential for subletting in this highly sought after area.

General Information
Trading hours:6 Days a Week
Property:Leasehold

Lease terms:TENURE: Leasehold with new lease available from vendor Lease length: Negotiable Rent: £60,000 p.a We are advised that the annual business rates are currently: £12,017
Living accomodation:BUSINESS PREMISES A two storey double warehouse unit of approx 15000 sq ft, with the added security of an alarm system, roller shutters and consisting of the following: Ground Floor - Double frontage with 2 personnel entrance doors, currently unused, leading into reception areas with stairs to first floor. - 3 roller shutters with 1 leading into indoor customer car park, 1 leading into warehouse loading bay, 1 leading into smaller storage area. - Double doors from internal car park leading into main display showroom with sales offices, decorated to a high standard, laid out in shelved aisles. Stairs to first floor offices (used) - Doors leading to warehouse, racked throughout, staff kitchen, w/cs, doorway leading to stairs to first floor offices ( unused ) First Floor - Unused suit of offices to front of premises with kitchen and W/C’s - 2 offices to rear above sales offices overlooking showroom area. External - Paved to road at front with on street parking.
Location:This substantial premise occupies a prime location within a semi industrial area close to the centre of the City of Birmingham.

There are excellent transport links including easy access to the A38M and M6 motorway with excellent parking facilities including an internal customer car park with space for 6 vehicles, free on street parking plus a low cost pay and display car park approximately 50 metres away.

Expansion potential:This established business offers excellent potential for growth with a new owner with the commitment and enthusiasm to push the business forward plus including employing sales agents and advertising. There are also excellent potential sales to be gained by implementation of a website with ordering facilities.

Financing available:Please let us know if you require finance for the purchase of a business.