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Mobility Shop With Excellent Reputation

Bournemouth, Poole & Surrounding, Dorset

Mobility Shops for sale - 6233

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Asking Price Open to offers
Turnover £196,000

Business overview

Retirement Sale. Successful business in desirable location with excellent reputation and expanding customer base..

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum
  • Reason for sale

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Business description

The business began trading as a limited company in 2009, having previously being run by a local charity. For the first six years we supplied DCC with equipment issued under prescription to Dorset residents establishing an excellent reputation with Health Professionals and their clients for a prompt and personal service. Unfortunately in 2015, DCC joined a county-wide service incorporating Bournemouth Poole and Christchurch councils and operated by a National Retailer. Since then we have continued to supply many customers who are able to purchase the equipment rather than wait for the National Retailer to deliver.

We sell a wide range of Mobility Scooters, Powered and Manual Wheelchairs, Rollators plus a wide range of personal aids. We currently have 1,000 different products in stock and are able to obtain almost any other product within 2 working days. We also service every product we sell and whenever it is practible do this at our customers home. We are able to loan equipment whilst customers equipment is being services or repaired and also have a large fleet of scooters, wheelchairs and personal equipment for hire. This service is particularly popular with the many seasonal visitors who arrive at their accomodation to find their scooter or wheelchair waiting for them.

Our location in the town centre offers excellent parking, particularly for disabled drivers, an open area paved in a variety of materials ideal to demonstrate all our movable products and the facility to park private vehicles immediately outside the shop. Shopmobility signs direct visitors to our premises.

Our premises are leased from a local building firm whose head office is almost next door. The 3 year lease is due for renewal in February 2019. Our landlords have agreed to transfer the lease, without premium, subject to the usual references and a possibly a guarantor. They are responsible for major repairs.

The premises consist of a showroom, shelved on three walls, a window display area, a short corridor leading to a workshop with a galley kitchen and back office. There is also a small enclosed back yard and storage shed.

The shop is fitted with a modern CCTV security system which can be accessed via the internet. Automatic alarm calls are made to user selectable telephone numbers if the alarm is set off.

A modern EPOS software system networked to a server in the back office and accessible from external PC's provides all invoicing and stock control functions. Our software and hardware suppliers will transfer licences and software/hardware support subject to new support agreements. Although the EPOS software can be directly integrated with Sage Accounts, our Financial Director uses only partial integration for simplicity.

The Directors/Shareholders are very aware of the considerable opportunities for expanding the business. The customer base is expanding as the area is very popular with retirees, as well as with holiday makers. In our opinion, opportunities exist to expand mobile servicing, market our sales and hire activity with the many local caravan sites, park homes and residential care homes and continue to expand to neighbouring towns.

The shareholders will consider either selling their shares, or selling stock, tangible assets plus goodwill. Additionally, the directors would be willing to act as consultants to the new owners.

Business location

To be advised.

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