AD028-Electrical Distributor - Supplying Wholesalers for sale

Electrical Distributor - Supplying Wholesalers, Trade & Retail Marketplace Ref.AD028 Location Fylde Coast,Blackpool Asking Price £ 100,000 Confidentially offered for sale

Asking price includes: Turnover for last financial year circa £320,000 per annum Gross Profits for last financial year circa £106,000 per annum  Adjusted Net Profits for last financial year circa £33,000 per annum Prime Retail/Wholesale Location Interactive website and E-Bay Power Seller Commercial & Retail Customer Base Over 25 years successful trading Multiple revenues streams Ongoing growth pattern Good Management Team All fixtures and fittings Training & Handover Goodwill

Business profile:

This substantial and stable business was founded by the current vendors over 25 years ago and during this time it has established itself as a key supplier to the electrical marketplace in the region, enjoying good growth year on year. The business has developed a good range of in-demand products and enjoys some regional exclusivity with key suppliers for items such as lighting and electrical sockets and fittings.  The company currently has 3 ways to serve the market. It started life as a traditional electrical distributor supplying electrical wholesalers in the region with products. This is still a core part of the business but the company has also developed a separate trade/retail site which complement this perfectly. Together these two areas generate some 66% of current revenues. This side of the business has a broad range of regular clients including tradesmen, contractors, commercial businesses( hotels, restaurants, shops etc) both locally and regionally as well as the general public. Click here to view complete information of this business