Retail premises for sale in Norman Way Industrial Estate, Norman Way, Longstanton, Cambridge CB24

£9,950
Retail premises for sale
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Property description

Ref 5469 – Supplier of Auto Bulbs

Blacks Brokers are proud to bring to the market this unbranded Automotive Bulb Supplier and Distribution business currently located in Cambridge. However, the business is fully relocatable but would require to be ran from a small warehouse due to levels of stock.


Introduction


The current business Cambridge Auto Bulbs Limited has been trading since 1970. Over that time it has firmly established itself within this business sector. This opportunity is to purchase the client base and stock, without the business name. This offers a new owner the opportunity to add this business and large customer base to an existing business portfolio and existing customer base, or potentially, rebrand completely and set up a new business with a solid level of stock and customers in place. The current customer base is located in the Cambridgeshire area however with the introduction of a website and relocation this could be expanded and lead to an increase in profits.


Reason for sale


Our client offers this business for sale due to their desire to retire.


Financial details


Financial details are available upon a viewing of the business and the business has traded solidly over its trading history. The business generates an annual turnover of £60,000 and the current gross profit is around £32,000.


Summary


This business is well established, with a solid client base which would be an ideal bolt on opportunity for another distributor of automotive parts. It’s unique selling point is that it stocks Osram Industrial Packs, which are rare and highly sought after. The business generates its strong repeat custom from its quick delivery services, sending the stock out to their clients within 24 hours of ordering. This business is fully relocatable and has no staff to transfer to new owners. This proposition would ideally suit an owner operating team or another similar business who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Business: £9,950.

Please quote ref: 5469

Property info

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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