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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Domestic Coffee Machine Repair Business: Relocatable

City of London, London
Asking Price:
£150,000
Status
SOLD / WITHDRAWN
Advert ID
173461
Reference
M32637LN / Rightbiz
Annual sales currently in excess of £200,000
Highly profitable
Considerable scope for expansion
Potential as “add on” business
“Part” sale considered
London based but relocatable
Genuine reason for sale

EM&F are delighted to offer a London based but relocatable business that specialises in repairing domestic coffee machines. In addition the business sells coffee machine spare parts, coffee machines and consumables from a different website.

The business has only been in existence for some 3 years but the directors have proved a demand for repairing domestic machines and growth so far has been very impressive. The lack of direct competition in the niche and the fact that the business is building an impressive base of loyal customers means that further growth should be achievable.

The business is presently run by two directors with one employee and offers are sought for the business as a whole but one of the directors might consider staying on with the business on terms to be negotiated, which could be a purchase of the other director’s shareholding, rather than the sale of the business.

This is a rare opportunity to purchase a business with considerable upside potential but that is already highly profitable and early viewing is highly recommended.

This is a confidential sale and interested parties will be required to enter into a non-disclosure agreement before further details can be released.

PRICE: £150,000 to include the benefit of the Lease, Goodwill, Fixtures, Fittings & Equipment, plus stock at valuation.

Listing Details
Asking Price: £150,000
Location: City of London, London
Sector: Electrician Businesses, Service Businesses
Financials
Annual Turnover: £180,571
Contact Agent
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Advert Reference: M32637LN / Rightbiz
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