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Award-Winning, Highly Profitable Computer Repair/Sales Business in Milton Keynes for Sale

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Highly profitable, Award winning Computer Repair / sales business for sale - Milton Keynes Photo 1
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Highly profitable, Award winning Computer Repair / sales business for sale - Milton Keynes
  • Status

    FOR SALE

  • Date Submitted:

    10/07/23

  • Advert ID

    516377

  • Leasehold: Price on Application
  • Turnover: £102,000 (£1,962 Per week)
  • Net Profit: On request

Key Features

  • Close to Local Amenities
  • Attractive Business
  • Adjacent to Multiple Retailers
  • Unique Business
  • New Lease
  • Offers Invited
  • Established Business
  • Small Business
  • Prime Location
  • Company for Sale

Business Details

Highly profitable, Award winning Computer Repair sales business for sale Milton Keynes

The sale of the business is confidential

Company Details...

Established in Milton Keynes from 1996 as a computer and parts sales company.

Developed quickly into a leading repairs company as well as System builders serving small business and the public.

Ran as a retailer but transitioned into a service led business increasing profit ratio from 34% in 2006 to 76% as of 2023. 

Well positioned in the area with new housing being built will increase the customer base locally.

Online reviews are positive currently averaging 4.9% on google and 5* on facebook – yell – cyclex, No1 on three best rates etc

Good frontage allowing awareness of the company via the thousands of drivers who pass each day and to passers by.

Currently we do not advertise for business – we have not advertised in MK since 2007.  The business reputation online and by word of mouth generates nearly all our work.

Top on top Three Best rated 7 years in a row 2017 to 2023. This can not be brought it has to be earned.

No local competition.

Good scope for improvement in performance / increase in turn over as business hours are currently reduced due to needs of my family.  This has been the case for the last 2 years.  Currently we are not using social media to its full potential, simply due to time constraints.  Although our good reviews help generate a lot of new custom.

What is included in the sale

All stock in the company at time of hand over currently @ £5K

Company facilities such as till, computer system, printers, work benches, desks and other tools we use to conduct business.

Company database.  Currently containing approximately 7,000 customers with names, address’s, telephone numbers and emails addresses where given.  The database also includes job tickets for work undertaken.

Company name & with-it reputation including web site and other owned domains, email addresses any social media platforms.

Currently we have 1 engineer employed, he is reliable, honest and hard working. He has been a credit to the company for almost 6 years.

I can provide assistance and some training if required.

Premises

Rent for the premises is £600 per Calendar Month £7200 per Annum

Option to buy the building in the future, subject to negotiation.

NOTE :

Although I feel the sale of the company is the best way forward, I am also considering taking on a partner that could aid the business grow and manage the business day today.  I would still be involved throughout but also be able to step back to take care of my family.

I hope to be continuing the sale of the company with you in due course.

Kind regards


Daniel

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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.

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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.'.

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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.

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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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