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Phone Repair Business In Ideal Trading Position

Melton Mowbray, Leicestershire
Advert ID
B05367 / Rightbiz
Leasehold Price: £39,995
Annual Turnover: £80,000
Hilton Smythe welcomes to the market Phone Tech in Melton Mowbray Leicestershire. The business has been owned and run by the current vendor for over 3 years in which time it has built up a strong and loyal customer following and which due to family commitments this rare and exciting opportunity has now become available.

The business sells a wide range of products including mobile phones and tablet accessories giving expert advice and making repairs to devices servicing both the retail and corporate sector of the market. The business has gained accreditation for phone repairs and is a phone mend approved outlet and is recommended to customers who access the phone mend site with their requirements being sent to the vendors site.

The business would suit either an established operator looking for an additional site or an individual or partnership looking to take on their first business venture in this sector of the market.

The premise is a large enough to accommodate additional products and services with also the added benefit of two-bedroom accommodation to the first floor which could be let out to generate an additional income stream or occupied by the new owners in this much sought-after market town location.

The current vendor is prepared subject to negotiation to offer technical training to the new operator for a time duration to be agreed to enable the smooth running of the current business model. Phone Teach offers an excellent opportunity for the new owner with huge growth potential for very sensible in-going and running costs within this high-tech sector of the market.

Situated along Sherrard Drive towards Melton Mowbray town centre in Leicestershire.

The site is in an ideal trading position just a short stroll from the main market area and is easily accessible on foot and by all modes of transport with free short stay parking to the front as well as long stay parking in Melton Mowbray Itself.

Ground floor trading location in Melton Mowbray, main service area with trade counter, shelving, display units & LED lighting. Workshop to the rear of the site with access through to a kitchen WC and additional storage/living room.

To the first floor is two-bedroom accommodation comprising a bathroom, kitchen and living room. Stock and asset details will be made to seriously interested parties.

We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £18,400 per annum with 4 Years remaining on the original 7 Year lease.

The opening hours are currently 9.30am to 5.00pm Monday to Saturday.

The business is run and managed by the current vendor.

Financial Profile
We are advised the business is turning over in the region of £85,000 per annum producing very attractive returns. There are currently no business rates payable.

Listing Details
Location: Melton Mowbray, Leicestershire
Sector: Mobile Phone Businesses, Electrical Retailers
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Advert Reference: B05367 / Rightbiz

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