Busy Computer Repair Business In Redhill For Sale

Business description

The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favourable lease terms (see below).
- Turnover in excess of £38,000 pa with a net profit of £22,800 (see financial summary below).
- A business with great potential.
- An easily run operation.
- A good first time buyers business and ideal purchase for partnership or couple
- Low rent and rates.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation
- The concern provides computer repairs services.

History
Phoenix Business Transfer Agents are delighted to place onto the market this busy repair shop which has been established since 2006. The business has been in the hands of the current owner since 2006 and now wishes to sell due to relocation.

Services
This very good business opportunity provides computer sales and repairs.

Staffing
The concern employs no staff and is family run.

Owners Role
The owner is involved in the day to day running of the business.

Marketing
The owner markets the business in local papers and has a website.

Competition
There is no local competition.

Market
The client base consists of locals and business clients.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line to include home visits.
• Becoming more efficient with staffing levels.
• Enhanced website.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.


The present annual turnover is £38,000 with a gross profit of £22,800. The present value of the stock is £10,000.
The potential turnover of the business within the next 2 years is forecast to reach £70,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note Phoenix do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. Phoenix will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by Phoenix Business Agents Limited who it should be noted have NOT verified the information provided.
Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.

Property information

Property:

Leasehold

Lease terms:

The original length of the lease is a rolling monthly lease. The rent is £8,400 pa. The lease may be renewable or negotiable for longer term if required. The rates are £nil.

Leasehold rent:

£8400pa per annum

Location:

- Situated in the busy area of Redhill.
- Prominent location.
- Part of a parade of shops which is part of the main shopping centre.
- Excellent parking facilities nearby.
- Industrial estates nearby.
- Surrounded by densely populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Well linked with the London by main line rail and road.
- Redhill main Line Railway Station and Town centre all lie close by.
- Area enjoying much growth and regeneration.
- A lifestyle area.
- Excellent local demographics for this type of area.
- Affluent area.

Premises details:

The property is in a managed arcade. The front is branded with an attractive glass front. The main customer service area is wooden with shelving to the walls. It is very well presented and is very conveniently laid out.

To the rear is a store room.

External
To the front there is an arcade walk way.

Business Operation

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line to include home visits.
• Becoming more efficient with staffing levels.
• Enhanced website.

Competition / Market:

There is no local competition.

Reasons for selling:

now wishes to sell due to relocation.

Trading hours:

Monday to Saturday: 10.00am – 6.00pm
Sunday: Closed

Employees:

The concern employs no staff and is family run.

Years established:

5 years

Other information

Support & training:

The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The owner would also be happy for an on the job observation period to assess the business prior to offers being made.

Furniture / Fixtures value:

£1,000 (included in the asking price)

Inventory / Stock value:

£10,000