Trade Counter for sale

Speed Road, Tipton, West Midlands, DY4

£229,999
461 sq. m.

Property Description

Commercial information

  • Business for sale
  • 4,962 sq ft (461 sq m)

Key features

  • LEASEHOLD
  • Ref 14361 H
  • STOCK INCLUDED

Full description

Tenure: Leasehold

LOCATION
Tipton is a town in the borough of Sandwell in the West Midlands it has a population of approximately 39,000. Tipton is located halfway between Birmingham and Wolverhampton. The area has direct bus links with the towns of Dudley, Walsall, Birmingham, Wolverhampton, Sedgeley, West Bromwich and Oldbury.

Tipton Railway Station started a multi-million pond Refurbishment in September 2009 and the Station was reopened in March 2010 and offers direct links to Wolverhampton, Birmingham and Coventry.

The business is situated on an industrial estate alongside other complimentary businesses, is well signed and has free parking immediately to the front.

BUSINESS
Beauty Care Supplies ltd was established in 1988 to supply Afro Caribbean hair care products and hairdressing accessories and hair extensions (both human and synthetic hairs) to retail shops, chemists and salons across the UK.

The business carries a huge product range from manufacturers from across the world and prides itself on the quality of its customer care and service. Beauty Care Supplies Ltd is a wholesaler and currently open to trade only.

The business is being sold albeit very reluctantly so the owners can enjoy a well earned retirement.

The sale includes a quality website and the business enjoys good visibility on the internet. The business has a database of existing customers

Scope to improve
1. Advertising and marketing campaign
2. Extend the opening hours
3. E commerce website to enable online purchasing.
4. Open retail shops.
5. Maximise the use of social media
6. Consider employing a sales Manager to canvass for more business
7. Explore online discounters such as Groupon and Wowcher.

PREMISES & EQUIPMENT
The business is situated in a single storey, brick built end terraced industrial unit under a pitched roof. The business relocated to these premises in 2012 having been in Birmingham previously and much money was spent by the owners refurbishing and upgrading the premises. It is presented and maintained to the very highest standards.

Warehouse
A very generously proportioned warehouse (5000sq.ft)with high ceilings, concrete flooring, fluorescent lighting and comprehensively racked out with display areas. The premises have had replacement, double glazed windows and central heating.

Offices
There are two generous offices along with a secure reception area.

TENURE
We are advised leasehold with the current lease being arranged on a rolling basis although we are further advised that the current landlord would be happy to negotiate a mutually acceptable lease with a new owner. The rent is a very reasonable 12,000 per annum.

Business rates are approximately 5000 per annum currently

HOURS
Monday to Friday 9.00am -5.00pm.

STAFF
The business is owner managed by the current owners (2) although the business employed many more staff previously.

FINANCIAL PROFILE
The business reports a current turnover of roughly 50,000 per annum but the business has had turnover previously of approximately 800,000. The business is currently being run at a pace to suit due to health problems.

The sale includes stock of approximately 250,000.


REASONS TO BUY
1. A well established business with an enviable reputation and many existing customers
2. Represents a massive opportunity for an ambitious and entrepreneurial new owner to increase the turnover significantly, business is currently being run at a pace to suit.
3. Current owner happy to offer an handover and coaching to ensure the continued success of the business.
4. Includes stock at value
5. Little or no competition locally
6. Includes quality website.
7. Needs to be viewed to appreciate the opportunity this great business represents.



Nearest stations

  • Tipton (0.4 mi)
  • Coseley (0.9 mi)
  • Dudley Port (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Tipton (0.4 mi)
  • Coseley (0.9 mi)
  • Dudley Port (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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