| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 9,587 TIME(S)
BUSINESS REFERENCE : 8849WR / RightBiz 8849WR-WORCESTERSHIRE-£595,000 F/H £115,000 BUSINESS ONLY-FREEHOLD MOBILE PHONES BUSINESS | | | | | | FREEHOLFREEHOLD MOBILE PHONES BUSINESS WORCESTERSHIRE REF: 8849WR ASKING PRICE: FREEHOLD: £595,000 + SAV OR BUSINESS ONLY: £115,000 + SAV | | | BUSINESS LOCATION: | Undisclosed Worcestershire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Mobiles & Phones Shops | | SALE: | Agent Sale | FREEHOLD: | £595000 | | | | | | | | | | | BUSINESS DETAILS: | Advent Business Sales is delighted to have
been instructed to offer to the market this
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
TRADING HOURS
Mon-Fri 10.00am – 4.00pm
Sat: 9.30am – 1230pm
EXPANSION POTENTIAL
There is excellent potential for growth and
expansion including
1. Developing the website
2. Opening longer hours
3. Advertising
4. Increase the product range on offer
for example Satellite navigation
systems.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £214,193
Gross Profit: £97,063
Reconstituted Net profit: £61,000
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Approx 900 sq feet comprising of the
following:
Ground Floor
Entry into lobby via solid Oak door
Large showroom with full length
counter
Display of a range of phones &
accessories on display.
Storage
Large open plan office
Kitchen
Further offices
W.C
Under stairs cupboard
Large walk in Steel safe
Stairs to fully boarded loft
LIVING ACCOMMODATION
Ground Floor
Lobby into kitchen with Rayburn
cooker.
Fully fitted kitchen, tiled floors
Through to lounge/Diner with
wood burning stove
Conservatory with countryside
views
Understairs cupboard
Front porch entrance with Oak door
Stairs to first floor
First Floor
3 double bedrooms, 1 ensuite
Family bathroom
Airing cupboard
External
Large car park for approx 12 cars,
partly enclosed by high hedges.
New Outbuilding currently used as
a gym. Fully gas central heated
with shower & W.C
35x55 ft steel outbuilding which
can be used as a garage or extra
storage
TENURETENURE: Freehold or
relocatable business only
We are advised that the annual business
rates are currently: £1,846 incl council
tax and business rate.
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office. | | | | | | FOR SALE | | | | | SELLER: | ADVENT BUSINESS SALES | | CONTACT: | 0844 8009092 | | REFERENCE: | 8849WR / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
