LocationIsle of Man
This is an excellent opportunity to acquire a successful and well established Manx white-goods brand and a local business which has been trading for over 40 years with an excellent reputation with local consumers.
Pascoes is a well-established Manx retail brand and this is an excellent opportunity to reposition and scale up a well-known local business that benefits from long-term customer loyalty and which has a well-regarded and long-term trading history in the Isle of Man. For the right buyer this business also presents a good opportunity to re-position a traditional bricks and mortar business into more of an online presence for reasons that we explain further below.
High Level Information
- Pascoes is a mature well-known Manx white goods brand.
- The business has excellent supply chain contracts with leading manufacturers
- It is a mature business with a strong repeat customer base
- There has been consistent long-term cash generation from a mature client base.
- The ability exists to move to updated premises & re-position an established brand.
- Considerable potential to harness new technology exists.
Pascoes Limited was originally incorporated in 1997 but the origins of the business go back much further than that to the nineteen-seventies and the business has been a leading retail player in the Isle of Man over many decades now.
- A well established Manx brand
- A great reputation
- Strong brand awareness