Mobile Phone Accessories Retailer For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and profitable business with excellent potential.

Established in 1993 by the vendor, the business is now reluctantly offered for sale due to retirement plans.

The business is a successful retailer of mobile phones, accessories, in car kits and systems, satellite navigation products.

The vendor also offers repairs and servicing of these products.

The customer base is mainly local with an increasing client base being accrued from internet enquiries.

There is a good level of repeat business due to the owner’s excellent reputation. As well as a high volume of passing trade.

The business benefits from good cash flow with minimal overheads, as customers pay on time of order, not delivery.

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Property information

Lease terms:

TENURE: Rental
Rent: £2,148 per annum

We are advised that the annual business rates are currently: £1000

Living accommodation:

BUSINESS PREMISES The premises briefly consist of: Ground Floor - Glass fronted entrance with side positioned doorway - Large counter including display area - Products are displayed predominately on the perimeter walls - Door leading to small stock area to rear External - Parking space for up to 3 cars to the front of the premises

Location:

Our client is ideally situated on a busy main road surrounded by other complimentary shops.
A 24 hour Tesco superstore is located nearby, which provides a good level of footfall. There are good parking facilities with 3 spaces directly in front of the premises for the vendor and customers with plenty of street parking available.
The surrounding area is predominately residential with many new residential developments in progress.
There are excellent transport links allowing good access to Newark and the A60 being nearby.

Business Operation

Expansion potential:

There is excellent potential for growth and expansion including marketing the website.

This is an excellent opportunity to purchase an already established business either for anyone wishing to expand their operation or alternatively anyone wishing to enter the market place.

Trading hours:

Mon – Wed: 9.30am – 6.00pm, Fri: 9.30am – 6.00pm, Sat: 9.30m – 12 noon Thurs& Sun: closed

Other information

Financing available:

Please let us know if you require finance for the purchase of a business.

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