Skip to content

Kitchen Appliance Outlet - Gloucester [GL2 2AL]

£380,000

Business rates & charges may apply

Blacks Business Brokers, Bury
SIZE

Ask agent

SECTOR

Warehouse for sale

Key features

  • Prominent Trading Position & Website Sales
  • Accounts Available To 30th June 2024
  • Annual Turnover £354,252 / Adjusted Net Profit £57,610
  • Established 1986 - Large Customer Base
  • Over 200 Google Reviews - Average 4.9 Stars
  • Free Customer Parking
  • Ran Solely By 2 Owners
  • Huge Potential For Weekend Opening
  • Leasehold Option of £140,000 available

Description

- About
B Grade Domestics Limited was established by our clients in this well linked area of Gloucester in 1986. Originally specialising in 'B Grade' (cosmetically imperfect) appliances at discount prices - hence the B Grade Domestics name, the business carved a niche position within the marketplace. Now specialising in retailing a range of box perfect home appliances such as fridges, washing machines, ovens, dishwashers and more, any potential buyers are able to reintroduce B Grade stock for the business should they feel this would be beneficial within the trading platform. Our clients have chosen to keep the name due to the incredible trading history and local brand awareness. Working with names such as Hotpoint, Smeg, Bosch, Siemens, Candy plus many more well known brands, the business has become very well known in this area and has a hugely strong base of regular customers in place. Additional trade is generated by word of mouth recommendations and website traffic - there has been minimal advertising undertaken for around twenty years due to the strength of this company's outstanding reputation. Our clients have ensured the business has an unrivalled reputation and superb reviews are noted on Google with an impressive rating of 4.9 out of 5 stars and 5 out of 5 stars on Facebook. B Grade Domestics Limited has a comprehensive website in place. The business' unique selling point is their ability to offer same day or next day delivery (excluding weekends) to their customers, which the larger companies are unable to compete with, with deliveries handled by one of the owners, thus ensuring a high level of care over the items. For this reason, they often have multiple generations of the same families returning to them for the excellent service.

The business is ideally suited to a hands-on owner-operator but due to our client's retirement plans, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


- Premises Details
B Grade Domestics Limited operates from a single storey industrial property with parking immediately outside. The business has large branding and signage on display above the main entrance. Inside, the welcoming reception area is fitted with customer service counter. Our clients have perfected a unique shopping experience for customers, with products mirrored from the business website to a large screen behind the counter - this allows customers to view appliance choices in real time, whilst receiving bespoke advise from staff - without our clients needing to unbox all items in store. There is a well presented showroom area and ample storage room plus staff toilet and kitchen facilities. All areas are fully equipped and presented well.

The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


- Summary
This long established business occupies an enviable trading position in a sought after area of Gloucester. Our client has secured a strong customer base and exceptional reputation. With the business currently managed at a pace to suit, there is plenty of scope to develop the business further with the introduction of weekend opening, longer opening hours and further marketing - the business has a superb ecommerce platform already in place from which visibility can be increased with the use of SEO and Google AdWords. A new owner may also look to introduce social media marketing to reach a new customer base. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Brochures

Kitchen Appliance Outlet - Gloucester [GL2 2AL]

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Gloucester Station3.9 miles
  • Stonehouse Station4.6 miles
  • Stroud Station5.0 miles

About Blacks Business Brokers, Bury

Bury St. Marys Place, Bury, BL9 0DZ

At Blacks Business Brokers we understand there is no substitute for knowledge and experience. Our dedicated and professional team has over 50 years combined expertise in the Business brokering Sector and therefore we know the important factors in achieving results.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 8543. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Blacks Business Brokers, Bury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.