Property

Popular and Trusted Online Electrical Goods Retailer

West Midlands - Relocatable

Full Description:

Unique Business Brokers is pleased to be working with the owners of District Electricals on the sale of the business.

Established in 2009, District Electricals is an independent online business founded on providing customers with a hard-to-find combination of excellent value for money and outstanding customer service. They really go that extra mile for their customers, meaning they have built up an enviable online reputation.  Five star online reviews have been the norm for years.

They constantly review their processes to ensure that customers have the absolute best online shopping experience possible. To this end they launched a brand new, Magento 2.4 website in September 2021.

District Electricals specialises in the best brands in audio visual consumer electronics, including an extensive range of Samsung, LG, Panasonic, and Sony products, all at the lowest prices possible. These low prices are achieved by selling a mixture of brand new stock and the highest quality graded products.  Over the years they have built a network of suppliers for these products, and being able to purchase stock at great prices means they can make good profit whilst remaining really competitive online. 

After closing their showroom and warehouse in Worcester recently, District Electricals now trade solely online, creating even better value for money by driving down overheads. 

Stock is stored locally and at suppliers, with deliveries being dispatched the same day countrywide.

After years in the trade, the owner has now decided to sell the business on. This is a fantastic opportunity for either a retailer ready to enter the market, a competitor or indeed another online trader wanting to bolt it on to their current offering.

Consistently profitable over many years, District Electricals is a splendid example of an exciting online business with enormous potential.

For further details and to arrange a meeting with the owners please call or email our office. Please DO NOT contact the owners directly

 

Key Features:

  • Established Business
  • Relocatable
  • Attractive Business
  • Company for Sale
  • Accounts Available
  • Retirement Sale
  • Offers Invited

Tenure, Rent and Rates:

  • Tenure: Relocatable
  • Rent: N/A
  • Rates: N/A

Key Financials:

  • Asking Price: £87,500
  • Annual Turnover: Available Upon Request
  • Annual Net Profit: Available Upon Request
Reference: UNI891
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