BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£98,000
Turnover / revenue:
£123,000
Net profit / cashflow:
£40,000
Years established:
8
Trading hours:
Monday – Saturday: 0900-1700
Sunday: Closed
Number of employees:
2
OTHER DETAILS
Reason for selling:
The vendor wishes to pursue other business interests.
Support and training:
The current owner would be happy to provide full training and support at handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
Mobile Phones & Accessories Business
60% B2B, 40% Consumer
Ref.AD014
Location Stoke On Trent,Staffordshire
Asking Price £ 98,000
This business was set up by the current owner back in 2002 and in that time has established itself as an innovative and truly independant provider of mobile business communications to business customers, not to mention individual consumers within the Stoke On Trent area.
The company prides itself on being able to provide the right plan, the right device and the right network, whether it be a contract, pay as you go, upgrade or repair.
Approximately 60% of sales revenues comes from B2B activities. The company has a diverse client base including large limited companies as well as sole traders. The remaining 40% of sales are generated via consumer/retail sales.
The business’s aim is to reduce clients costs and improve efficiency of their communications. This is done by providing a complete one stop solution from expert advice, personal levels of customer service and ongoing support services.
Expansion Potential
The current market for this business is growing and is forecast to continue to grow significantly in both the medium and long terms by the emergence of new technologies.
Business operations are not yet at maximum capacity, and there is considerable scope to increase both revenues and profits by gearing operations in line with current and forecast market demands. Sales are generally reactive at present. A more proactive approach to sales and marketing, particularly on the business to business side of things would certainly increase turnover and profitability significantly. The introduction of a website and local advertising would also be beneficial.