To be taken over due to lack of succession: Successful business in household appliances - Specialist in top German brand (OKT household appliances)
Financial data
Turnover / Revenue
€1,315,000.00
ACTIVITY
- Distributor of top German brand of household appliances - sales - installation and repair
- Brand is known for advanced technology with excellent results, long service life, and minimal energy consumption, washing machines, dishwashers, stoves, and built-in appliances for cooking and baking.
- Family business: Second generation
- Business run by husband and wife (wife responsible for sales; husband responsible for installations and repairs) No employees
- Customers are mainly private individuals
STRENGTHS
- Business is known for expert advice on the purchase, delivery, and installation of household appliances
- Also well known for its own efficient after-sales service.
POTENTIAL
- Acquisition is feasible for a motivated and financially strong start-up or for a competitor in the sector who can grow faster through a second location
- Guidance or training for the buyer is negotiable for the necessary period of time by mutual agreement
KEY FIGURES
- Turnover €1,315,000
- EBITDA €170,000
OFFER
Transfer of business
- Business has a 330 m² warehouse without living quarters/office + 226 m² retail space -
- Store was renovated at the end of 2020
- Ownership structure via bare ownership/usufruct by the company
- After transfer of the business, we expect rent of €24,000/year to be payable.
- In calculating future cash flow, we take into account annual investments of €15,000
- A valuation report is available for inspection, based on various valuation methods, with the yield value being decisive
- Weighted average yield value €304,000
- The business assets also consist of
- Equipment (installations and furnishings) rounded to €40,000
- Current stock amounts to approximately €70,000, is not particularly susceptible to obsolescence, and is up to date.
Interested?
If you are interested, we kindly ask you to briefly answer the following three questions when contacting us via the contact form below:
1. What is your profile and background?
2. Why are you interested in acquiring this electrical business?
3. What strengths can you bring to add value?
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- Legal form
- Company
- Customer type
- B2C (Business to Consumer)
- Active since
- 1980
- Real estate included
- No
- Translated from
- Dutch
- Disclaimer
- Takeover market is not responsible for the content. Please check for accuracy and completeness.