For Sale Is a Successful Computer Repair Business Covering Surrey and Hampshire

Overview:

BuyerBiz is pleased to announce a fantastic Computer Repairs Business that is new to the market. It is a fairly new but established business that offers any new owner a massive growth potential for the right buyer. With a fantastic reputation and loyal customer base, it's a great opportunity for any buyer looking for an existing, successful business to walk into. The vendor has spent a lot of time ensuring that the website is of high quality and is highly visible online to any potential clients.

This is most definitely an unmissable opportunity to buy a business and it is certainly an opportunity to own an already profitable business that has only been in operation for a short time. Poised for huge growth, and for the right buyer, the potential to take the business to the next level is very much there. The business has been around for two years but even after such a short period of trading.

The reason for this sale is due to the fact the current owners are looking to relocate away from the UK.

Annual Turnover: £22,417.05

Annual Turnover Period: Annual

Net profit: £21,000

Tenure: Relocatable

Business Established: 2020

Current owner has run this business for: 2 YEARS

Business Sale Description:

The owner has worked hard to really establish this computer and laptop repair business. You can start receiving new business from day one. It is run from home so will need to be relocated.

A significant amount of time on building the websites and reputation. Opened in Feb 2020 and growing steadily with returning customers and over 330 completed jobs.

You can take the business in different directions:

- Ability to expand your current business to new areas

• - Look at the possibility of Buying your competition

• - Get established within the market that covers Surrey and Hampshire

• - Start repairing computers and laptops without having to build up a reputation, find clients or invest into building a website and SEO

Finances

Total business turnover since 2020 is £33,768.01

In 2021 (the first full year) the turnover was £22,417.05

Through Sumup card payments we processed £27,284 (fees were £467.77) since 2020.

Customers

Most of the customers of the business are domestic, however, there are a number of business owners who use the business. An area that could be utilised by any new owner is the fact that currently, the owners don’t advertise our services directly to businesses.

The business also benefits from having returning customers, who also recommend us to their family and friends.

All customers drop off their laptops or computers and then they pick them up once work is complete.

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The work

Having completed 330 jobs since inception of the business means that it averages about £100 per job.

There are multiple streams of receiving leads, the main one being the website, then calls using the designated phone number, Google my business as well as the business Facebook page.

According to customer research that the business did, the reason they choose us is the number of five-star reviews (currently 123). They also compliment our website being clear, modern, trustworthy and very informative.

Running expenses

The business is run from home so there are no leaseholds, business rates or loans associated with it.

Currently, it is being run as a sole trader business, so any new owner may wish to move the business into a Limited Company.

The only expenses are Sumup fees, Google email fees and Amazon Web Services cloud hosting. Website performance

In the past 12 months, the website received 2,300 users. 70% of all traffic comes via organic Google search. If any owner wants to view the Google analytics data, then this is available and can also be used for customer research etc.

Key Features of This Business:

• Excellent Reputation;

• Loyal Custom Base;

• Huge Growth Potential;

• Variety of Services or Products;

• Low Overheads;

• Room to Expand

Key Business Information:

• Loyal Custom Base;

• High Growth Possibilities;

• Excellent Reputation;

• Low Business Overheads

Key Location Features:

• Home Based

Accommodation Included: No

Potential Growth Opportunities:

Vendor Open To a Transition Period: YES

Business Sector Type: IT and Computer Repair

Are Company Accounts Available: NO

Management Structure For Business: Run by owner

Number of Staff: 0

Business For Sale  BB5151- For Sale Is a Successful Computer Repair Business Covering Surrey and Hampshire