Long-running appliance stores placed on the market

A long-established electrical appliance business comprising two freehold shops is now up for sale.

Powerpoint in Telford has been serving customers for 30 years across two sites and is still open for business.

The business is a retirement sale, and is being offered as a freehold purchase with an asking price of £565,000, plus stock at valuation.

Part of the Euronics buying group, the business has a strong financial history, reporting an annual turnover of £1,000,000.

Operating from Oakengates and Wellington, the business offers sales and repair of electrical appliances and boasts a loyal customer base.

The two locations are currently undergoing refurbishment, providing a unique opportunity for a new proprietor to attract even more customers.

The sale includes an extensive list of fixtures and fittings, allowing for immediate business operation.

Full details are on the RightBiz website:https://www.rightbiz.co.uk/buy_business/for_sale/641420_shropshire.html