York Town Centre Mobile Phone Repair Shop for Sale, Established 3 Years, Prime Location
York, North Yorkshire
- Status
FOR SALE
- Date Submitted:
16/05/22
- Advert ID
295411
- Leasehold: £50,000
- Rent: £8,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Fully Fitted
- High Turnover
- Close to Local Amenities
- Town Centre location
- Offers Invited
- Prime Location
- Accounts Available
- Attractive Business
- Established Business
Business Details
Mobile phone repair shop in York Town centre.
Mobile repair shop business for sale
The shop has been established for three years in York. It is in a prominent location within the town centre. There is healthy competition and good passing footfall. The takeaway has many local retailers nearby and several transport links.
The sale is for the leasehold of the business with three years remaining. I would like to sell the business for £50,000, or your nearest offer. The business is doing well and I would consider either a partner or a sale. The sale includes fixtures, fittings and equipment. It also includes stock worth £30,000. The yearly turnover of the business is approximately £105,000.
The turnover has been increasing over time. It is a thriving business and I would also consider taking on a partner at 50%, as it is a good running business. However, I have to decline jobs due to running the business by myself. I would benefit from a partner entering or a new buyer with the right intentions.
The sale also includes accommodation with one room and a bathroom. The current opening hours are nine am - six pm (could be changed to eight am - seven pm), seven days a week. The business is self-run. We have 300 plus google reviews and several 5* reviews.
It is well established with the scope for expansion. We are willing to negotiate training opportunities for the new owners.
Get in touch for more information.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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