Pascoes Limited

Overview

• Location
  Isle of Man
• Sector
  Retail
• Relocatable
  Yes
• Asking price
  £40,000

Description

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.