Business for sale

Business description

Advent Business Sales are delighted to offer to the open market this well established and highly profitable freehold business.

The business was established by the current owner in 1998 and has experienced growth to current levels, with further scope envisaged.

The vendor has reluctantly decided to sell the business as he wishes to concentrate on other business opportunities, which have been created for some time.

The business specialises in sales and sales support of mobility aids, with a wide range of products on offer.

Our client stocks the leading brands and offers its products for sale predominately in the Lincolnshire, Humberside and South Yorkshire areas.

The products on offer include:
• Mobility scooters
• Stair lifts
• Wheel chairs
• Power chairs
• Rise and reclining chairs
• Further extensive range of small mobility aids
Our client has built up an enviable reputation and is highly regarded for its service.

To aid the sales, hiring of mobility vehicles as well as servicing and repairs of products enhances turnover tremendously.

Our client has a long list of regular customers, including patients in hospitals, rehabilitation centres, schools and the private public sector.

Our client offers service contracts, which have a high percentage of take up.

The business is advertised regularly on the front page of the local paper and is supported with continued leaflet and mailshot promotions. A regular feature includes a promotion with the local paper, where a free scooter can be won.

The vendor and his wife and son, as well as two other employees, who work an arrangement of hours to suit the business needs, staff the business.

Our client has recently acquired a freehold premise, where eventually the business will be relocated,

The new site has the benefit of being at the heart of the main shopping area.
The current premises (where trading takes place) is ear marked for demolition and regeneration.

The new site offers great scope for increase in turnover, which is naturally contributed from its location.

The vendors have advised us that planning consent to convert the first floor area into a two bedroom apartment has been approved. Although any new owner may wish to utilise this space for storage purposes.
BUSINESS PREMISES
A freehold premise within a main semi pedestrianised shopping centre, which is alarmed for security measures and comprises of:

Ground Floor
• entrance into main shop
• large display area
• workshop and office to rear
• kitchen
• w/c
• separate access for the first floor

First Floor
• Currently used for storage but can be converted into a self contained 2 bed apartment with planning approval

External
• Paved to shop front