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Asking Price
£595,000
Description
This is a extremely well established and profitable mobile phones and accessories business with excellent further potential.
Founded by our clients in 1986, they have now reluctantly decided to offer it for sale as they plan to emigrate.
The excellent net turnover of approx £215,000 pa is split approx 25% retail and 75% commercial.
For the business users, they offer a tailor made bespoke package designed to meet their individual requirements for the most cost effective system.
The business has just attained 3% ongoing revenue share for all its business customers.
From their large showroom with easy access and free parking, they sell an excellent range of competitively priced mobile phones from all the major manufacturers on offer from the full array of tariffs.
They also stock a large inventory of accessories including
- Batteries
- Chargers
- Carrying cases
- Adaptors
- Fashion fronts
They will also install mobile phones hands free kits and accessories into any vehicle. In addition, they offer a repair service and warranty packages.
The retail customer base is predominantly local but the commercial side with a 50 to 60 mile radius from the premises.
There is a large level of repeat business due to the vendor's excellent location.
We have been advised that the current stock level at cost is approx £15,000.
The business is staffed by the two vendors, a husband and wife team who both work full time.
Minimum overheads ensure a good level of net profit and positive cash flows.
Our clients are willing to assist in a hand over period to ensure a smooth transition.
The business is fully relocatable anywhere within the region should a buyer not wish to purchase the freehold.
REF: 8849WR
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