8120ST Mobility Products
Business for sale
Asking Price:
£135,000
Turnover:
£211,900
Annual profit:
£53,226
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales have been instructed to offer for sale this well established and highly profitable business with still further potential.Currently part of a small chain of outlets within the region, it is now reluctantly offered for sale due to the vendors other commitments.
The business is currently fully staffed with two full time and 1 part time well trained members of staff covering the operation.
The business offers a wide range of products to enable mobility and aid the disabled at home including:
? stair lifts
? side entry baths
? wheelchairs and electric powered wheelchairs
? inclining chairs and beds
? full range of hand held products adapted for use by the less able
While already a profitable business, it is felt by the vendor that the business could be even more profitable if operated by an owner on site.
Currently as part of a small chain of shops, the business benefits from the buying power that this affords. A continuation of this link up and buying power will be offered to any potential purchaser of the business.
Currently the installation of some products such as stair lifts etc is carried out by employees and contractors of the main business and for any new owner, this could still be sub contracted to the current installers.
General Information
Trading hours:Mon – Sat: 9.00am – 5.00pm
Property:Leasehold
Lease terms:TENURE: Leasehold Original lease: TBC Remaining lease: TBC Review every: TBC Rent: £12,911 per annum We are advised that the annual business rates are currently: £3840.24
Living accomodation:BUSINESS PREMISES A good sized unit with the added security of being inside a large secure shopping centre and with the added security of roller shutter to front of premises consisting of the following: Ground Floor - Open entrance into main sales area finished to a high standard with show room display of products - Serving counter to rear - False wall with door way leading into stock area - Kitchen - w/c - fire exit to rear of premises External - Tiled shopping promenade to front of premises with access directly into parking area - Double door access out onto street
Location:The business is ideally located on the ground floor of a large shopping centre within this densely populated area with a high population. There are excellent parking facilities with the business premises being adjacent to the large multi storey car park attached to this shopping centre. The premise also benefits from being directly adjacent to the exit from the shop mobility section of the car park.
There are excellent transport links including access to a major ‘A’ road leading to the M6 motorway.
Expansion potential:While already and highly profitable business, there is still potential for growth and expansion including driving the business forward as an owner operator, local marketing and also potentially moving to a different unit within the shopping centre to increase the level of passing footfall.
Employee details
Fulltime staff:
2
Parttime staff:
1
