Rental Appliance Business For Sale

Description

CoGoGo introduces an established appliance rental business operating on a pay-per-week model in the busy town of Romford. The business has traded successfully for 3.5 years and has developed a strong reputation for delivering dependable and competitively priced appliance hire services. Located in Romford, a well-connected town with strong transport links and a solid local customer base, the business benefits from its position and offers scope for further expansion. Structured as a limited company, it specialises in pay-per-week appliance rentals and is currently run with one employed engineer responsible for maintenance and servicing. Operations are conducted from leasehold premises with 10 years remaining on the lease, with an annual rent of £12,000, representing a cost-efficient setup in an attractive location. There is clear potential to increase turnover by recruiting additional engineers to meet rising demand and broaden the service offering. Included in the sale are assets valued at approximately £40,000, providing incoming owners with a robust platform for continued operations. The owner is relocating to the United States, creating an opportunity for a new proprietor to acquire and develop the business. This represents a strong opportunity to purchase an established appliance rental operation with a proven trading history and growth prospects. Interested parties are invited to make contact for further details or to arrange a viewing.

Financial Profile: The business has generated a turnover of £350,000. Full financial information is available upon request.