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FAMILY-RUN BUSINESS EST. 1990
REVENUE SPLIT 60:40 RETAIL/COMMERCIAL
ANNUAL SALES £533,991
ADJ. NET PROFITS c.£83,784
LEASEHOLD RENT £18K PER YEAR
Established in 1990 this profitable, family-run business operates from substantial two-storey premises in a pleasant, rural location. Conveniently close to the M27/M3 motorway network as well as the main urban centres of Southampton, Winchester, Romsey and Salisbury. In addition to retail customers delivering their machines for repair or service, the business maintains accounts with numerous commercial clients who enjoy on-site repairs. On average customers are quoted a 7-day turn-around peaking at 21 days during the high season for machines delivered to the premises. Annual sales up 12.5% to £533,991 to 31 July 2020 split 60% retail, 40% commercial customers. Adj. net profits c.£83,784. 5 year lease rent £18,000.
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