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Essex-Based, Well-Established Electrical Wholesale Business for Sale, £850K Annual Turnover

Undisclosed, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    28/06/21

  • Advert ID

    278896

  • Reference

    48503 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £325,000
  • Turnover: £638,921 (£12,287 Per week)
  • Net Profit: Not Applicable

Business Details

Electrical Wholesale Essex

Well established electrical wholesale and distribution business
Twelve month income c. £850,000 to the year end 31/03/2020
Same ownership since c. 2000 / Retirement sale
Central Essex location, viewing highly recommended.


Well established electrical wholesale business situated in Essex. Small trading estate location with good signage. Run under the same ownership since c. 2000 although originally established in the mid 1970’s. Loyal and regular customer base. Excellent reputation for stock lines. Retirement sale. Freehold Ref:48503

Electrical Wholesale is a well established electrical wholesale and distribution company which was originally established in the mid 1970’s. The business operates from a small trading estate in Essex amongst other independent retailers. The business has limited competition locally and we have been advised that it is the only electrical wholesalers within the town. Ref: 48503
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Electrical Wholesale Essex - 48503 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.