Total of 18659 firms and businesses for sale today Monday 20th May 2024
Sold. Substantial Pc/computer Retailer
LISTING DETAILS
Firms For Sale ID:
9902
Vendor reference:
IU114
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£250,000
Stock included.
Stock included.
Turnover / revenue:
£800,000
Net profit / cashflow:
Undisclosed
Years established:
3
Number of employees:
9
OTHER DETAILS
Reason for selling:
The business is for sale as a result of the vendors’ wish to follow other areas of interest.
Support and training:
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
There is a 15 year lease on the premises with an annual rent of £22,000, reviewable every 5 years.
BUSINESS DESCRIPTION
Substantial PC/Computer Retailer
Ref.IU114
Location Scottish Central Belt Scotland
Asking Price £ 250,000
This business was founded some 15 years ago with a generous combination of innovative insight and entrepreneurial spirit, with the current vendor taking the helm in 2007, and has grown since to become a significant enterprise with a reputation for the quality of its products, flexibility of service and reliability.
The business operates from a prime location in Central Scotland and has established itself as one of the region’s leading independent PC and computer retailers. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality products, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, ensuring that valued customers receive the very best service and quality of product.
The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its 15 years of trading. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the product, service and availability is never compromised and that customers are as a result never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business growth.
No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed, alongside investment in technology, to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.
Expansion Potential
The current market for this business’s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.