Business for Sale in SOUTHAMPTON, Hampshire NICHE LIGHTING DISTRIBUTOR

Key Information

Reference

M35899P

Tenure

Relocatable - Nationally

Status

For Sale

Region

Hampshire

Sector

Wholesale / Distribution Businesses

Annual Sales

£259,353.00 Exc. VAT

Accommodation

No

Business Information

Highly profitable NICHE LIGHTING DISTRIBUTOR, specialising in LED, in particular commercial flexible LED tapes. Currently based SOUTHAMPTON, business not location dependent, and can be RE-LOCATED either regionally or nationally. Administered from the vendors home with separate storage facility nearby which can be made available to new owners if required, alternatively can be amalgamated with another business or be totally home based, with only approx. 250 sq. ft. storage space/double garage required.

A solid respected business, priding itself on quality and service, predominantly operating on a business-to-business basis, holding valuable client base, includes both national and independent electrical wholesalers, electrical contractors, construction firms and architects. Covering all aspects of lighting to include industrial, commercial and residential, completing projects for major corporations, also supplying associated products/accessories to include home automation.

An easily manageable efficiently run highly regarded business, no staff required, working favourable/flexible hours, and could be operated by a couple, benefiting from limited competition. Sales 2023 £259,353 ex Vat, Gross Profit £127,676 (49%), minimal overheads, results in adjusted Net Profits in excess of £100,000 ensuring a most comfortable living. Currently operated at a level to suit lifestyle of vendor who is looking to retire, minimal advertising/promotion undertaken, huge scope to increase customer base and boost sales further.

Price £145,000 sav Ref: M/WD35899P