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Specialist Audio and Visual Retailer in the West Midlands

Undisclosed, West Midlands
Status
FOR SALE
Advert ID
258949
Reference
audioviswmKS2 / Rightbiz
Leasehold Price: £99,000
Annual Turnover: £200,000
Annual Net Profit: Available upon request

City Business Brokers are pleased to bring to the market this renowned and long established (37 years) one-stop sales and installation outlet with a vast range of market-leading products.

The business also enjoys a state-of-the-art showroom housing a large range of superior audio and visual technology with demonstration rooms.

Products currently stocked are AV Receivers, Power Amplifiers, Headphones, Subwoofers, Satellite speakers, Blue Ray Players and Turntables to name just a few.

Currently managed by 3 staff, the retail unit has three levels (4018 sq ft) for trading and storage with ample parking and enjoys a location just off the main high street in a busy West Midlands town.

The premises are fully secure making it an ideal safe location.  However, if a purchaser wanted to relocate the business elsewhere the goodwill and name alone should suffice to ensure successful trading.

Currently the turnover amounts to £200000 and has plenty of potential for continued growth, i.e. embrace greater online selling and develop larger social media platforms for advertising with offers. 

It is important to note that if the business was owner run this would enhance efficiencies and would definitely benefit economies of scale.

Reason for sale: Semi-retirement

Viewing Arrangements: All arrangements to view are strictly by an appointment through the offices of City Business Broker and no approaches whatsoever should be made to the owner or the business.

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Listing Details
Location: Undisclosed, West Midlands
Sector: Audio And Video Businesses, Miscellaneous Businesses
Key Features
  • Fully Fitted
  • Established Business
  • Retirement Sale
  • Close to Local Amenities
  • Town Centre location
  • Unique Business
Contact Agent
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Advert Reference: audioviswmKS2 / Rightbiz

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