AE029-Web Based Electrical Wholesaler-Plymouth,Devon
Business for sale
Asking Price:
£350,000
Turnover:
£560,000
Annual profit:
£100,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
This highly successful and well respected company has been trading for thirty years. During which time it has evolved from a general hardware store to one of the leading web based distributors of electrical goods supplying customers right across the UK.The IT structure is key to its success. It carries over ten thousand electrical products on line which are listed on eight shopping sites and linked to sixty domains. It has a base of around a hundred suppliers of which ten supply the majority of its needs. It has established relationships with these suppliers based on a trading history that goes back for twenty years.
The structure of the company and its marketing strategy means that its customer base encompasses every potential buyer of an electrical item. Customers range from the man in the street to contractors, architects, developers, and some general trade buyers. It is absolutely unique to this sector due to its policy of pre payment. Every item is paid for at the point of order giving superb cash flow and therefore strong buying powers.
Employee details
Fulltime staff:
3
Parttime staff:
3
