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Computer Sales Servicing & Repairs Lh Hertfordshire

Undisclosed Hertfordshire
HERTFORDSHIRE COMPUTER SALES, SERVICING & REPAIRS Located on Main Road Builds PC & laptops to c/m specification 75/25% private/local businesses A/T: £172,300 GP: £70,500 Scope to focus on larger businesses & website development L/H: £99,999 REF9535 SG
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 45713
ADVERT IMPRESSIONS : 17,256 TIME(S)

 
BUSINESS SECTOR: Miscellaneous
TRADE TYPE: IT & Internet & Computing
SALE: Agent Sale

LEASEHOLD:

£99999
 

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BUSINESS DETAILS:

LOCATION

Our client occupies a retail premises close to the centre of Hitchin, in Hertfordshire. Sited on a principal trading street, there are a range of independent businesses close by, including a hair salon, cafι, bookshop, and various shops given over to clothing retail. There are a large number of offices in the immediate vicinity, and there is a delightful public park at the top of the street. There is street parking to the front of the shop.

Hitchin supports a population of around 30, 000 and is an important centre locally. The town centre is busy, and boasts a good mix of both independent and multiple retailers. There is a railway station, which affords excellent commuter access to London. The town has a large number of residents employed in the City of London, but with offices at home. The A1M motorway runs past Hitchin from London, some 25 miles to the south, and is accessed from Junctions 8, 9 and 10. London Luton airport is easily accessible.

THE BUSINESS
Advent Business Sales are delighted to offer for sale this established computer sales and repair business.

The company was acquired by our client back in 2002, and during his period of ownership, the business has enjoyed a significant expansion. It is now being sold, as the vendor is looking to pursue alternative business interests in the south.

The business offers a very personal and bespoke service to its established customer base. This involves building new PCs and laptops to customer specifications, along with ongoing maintenance and repairs as required. This can involve work undertaken in the shop, but many visits are undertaken to customers’ home or business premises.

Around 75% of the work is undertaken for private individuals, with the remainder being made up of work from small businesses locally.

In addition to this core business activity, there is a retail element which contributes sales of around £4K per month.

Competition locally is extremely limited, with only one similar business in the town operating at a much more modest level.

The business also benefits from a website.

Various PCs are included within the consideration price.

The business participates in the Trust A Trader scheme and enjoys excellent reviews on line.

The business is run by the vendor, supported by one full time technician and 2 part time staff.

We are advised that the stock holding is around £4K and the vendor would be happy to assist the new buyer with a handover should this be required.
REF: 9535SG

TRADING HOURS
Mon –Fri: 9.00am – 5.30pm
Sat: 10.00am – 5.30pm




EXPANSION POTENIAL
• Website development
• Focus on larger businesses to include work on servers
• E commerce development
• Advertising, promotion and marketing

FINANCIAL INFORMATION
We have been advised by the vendor of the following:

Annual sales: £172,394
Gross Profit: £70,593

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
A large retail shop with office space to the rear. Basement workshop.

Ground Floor
• Window Display
• Large retail area with racking and shelving appropriate to trade
• Large double desk
• Office to rear
• WC

Basement
• Fully equipped workshop
• Separate storage area

External
• Pavement to front
• Parking to rear


DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
   
  FOR SALE
   

REFERENCE:

9535SG / RightBiz
   
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