Established Techno Systems Electronics Retail and Repair Shop in Lincolnshire for Sale
Lincoln, Lincolnshire
- Status
FOR SALE
- Advert ID
624528
- Reference
B08493 / Rightbiz
- Call Agent:
- Leasehold: £29,995
- Turnover: £377,810 (£7,266 per week)
- Profit: Not Applicable
Business Details
Well Established Electronics Business For Sale
BusinessPlease quote reference B08493
CoGoGo presents an excellent opportunity to acquire a well-established electronics retail and repair shop operating as a Limited Company.
With a reputation for quality services and products, this business serves a loyal customer base both in-store and online via its website.
Techno Systems is situated in a prominent and accessible location, benefitting from steady footfall and excellent transport links. Specific location details are available upon request.
This electronics shop specialises in the retail and repair of a wide range of devices. Owned for 1.5 years, the business has been managed efficiently by the current owner, who has decided to sell due to plans to relocate abroad.
The shop occupies a leasehold premises with a well-organised layout designed to cater to both retail and repair services.
Techno Systems is currently operated solely by the owner, providing significant potential for growth through the employment of additional staff.
The current owner plans to relocate abroad, presenting an excellent opportunity for a new owner to take over and expand the business.
For further details or to arrange a viewing, please contact CoGoGo!
Location
Techno Systems is located at 84 High Street, Lincoln LN5 7QW.
Premises
The shop operates within a leasehold property featuring a thoughtfully designed layout that accommodates both retail and repair services efficiently.
Tenure
This opportunity is being sold on a Leasehold basis.
Hours
The current trading hours are:
Monday to Friday - 9:00 am to 5:00 pm
Saturday - 10:00 am to 2:00 pm
Sunday - Closed
Staff
This business is run and managed by our clients.
Financial Profile
This business generated a turnover of £377,810. Full financials can be made available upon request.
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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.
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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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