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Advert Details

High Street Computer Retail Business

(Ref: IU53)

Scotland, United Kingdom

Financials

Asking price: £875,000

Sales revenue: £629,000

Net profit: £270,475

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
The business supplies bespoke systems to client requirements and repairs and supplies general computer peripherals and installs networks for business clients. The company has an incredibly good reputation in the area. The business is aimed at the top of the market for delivery, installation and maintenance, and strives to work to and satisfy the customers’ requests and needs.

The business commenced as a sole trader operation in August 1998 and was incorporated in March 2000. Trading commenced as a limited company October 2001.

This established company is a family business. Personnel have an in-depth knowledge and are capable of building all types of computers and resolving all software problems ensuring any number of different types of customer orders are fulfilled.


Custom built PC’S
Laptops
Repairs
Upgrades
De Virus Systems
Broadband Installation
Network Installation
Database Construction
Project Management
Organisation System Review


The Company retails, repairs and maintains most types of computers and peripherals. The Company has earned wide recognition for the quality of its customer support and is an official dealer and service centre for many of the major computer manufacturers. The Business also assembles a range of high quality, PC-compatible computers.

The business has expanded from being a one-man/ owner operation to becoming a company with two active directors and Five employees. Providing a service to anyone who needs assistance with their computer systems, to provide on-site advice with regard to all software packages, and to sell new and used laptop computers and personal computers.




Location
The business operates from two separate premises. The retails sales comprise of an area of approximately 450 square feet and the workshop an area of approximately 350 square feet. The vendor owns the freehold of both properties and would negotiate a new lease on terms agreeable to both parties

Expansion potential
Having achieved exceptional growth over recent years the business has forged an excellent reputation for itself. At present, the company supports over 300 businesses, and there is plenty of scope for expansion having secured established relationships that offer plenty of opportunity for further expansion. The company does not sell maintenance contracts at present, so when companies want the security of such a contract, these could be made available in the future. The company sells a lot of laptop computers to students who are attending universities, a deal could be struck with the Local Education Authorities to supply personal computers and laptop computers to students, colleges, etc. The company could expand further by targeting areas outside its normal operating region, with no support and facilities. More assertive marketing could acquire an even larger slice of the market and exploit the commercial potential of the business. The company could expand further if it had a sales force (for instance to visit companies), if it could focus on issuing catalogues, and if it could also concentrate more on sales of consumables.

Competition / Market
This website offers secure visa credit cards and switch transactions online. Other forms of advertising include yellow pages, press releases and leaflets and brochures plus the local radio, sponsorship of a local football team, posters and also the company’s distinctive sign written vans act as a mobile visual means of advertising

Support & training
Handover and training will be provided

Reasons for selling
The company has successfully been brought to its present profitable level of operation, and it is now ready to be passed over so that the business can be taken to its next level.

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