Asking price: £2,100,000

Sales revenue: £2,000,000

Net profit: £500k < £2.5m

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The current Directors founded this professionally managed Business in 1993, and it has earned wide recognition for the very high level of services provided.

The Business is a supplier of premier business solutions from prestige global technology providers. The portfolio of the Business includes:

• Hardware
Laptops / Desktops, Retail Point of Sale, Hand-held Terminals, Barcode Label Printers, Information Kiosks, Mass Storage, Spares & Upgrades.

• Infrastructure
Network Services, Structured Cabling, Bandwidth Management, Wireless Communications

• System Management
Application Management, Output Management, Fax Servers, E-mail Servers & Web Access Facilities, Firewalls, Net Support Manger

• Application Solutions
Payroll, Retail & Back Office Solutions, Warehouse Management, Stock Control, Merchandise Management

• Services & Support
Implementation Training & Consultancy, Software Development, Microsoft Applications

The Business specialises in providing IT based solutions across all market sectors, which includes:

Retail Solutions
The Business provides IT solutions across a wide range of retail markets, including; Large Stores, Frozen Food outlets, Brewery Staff Shops, Household, Charity Shops, Organic Food.
The Business has supplied Point of Sale solutions since 1997. Close business relationships have been established with a national hardware manufacturer / supplier, who provides a comprehensive range of Point of Sale equipment. The hardware supplied, operating on a variety of platforms, is extremely flexible. Clients range from single store to multi chain of stores with 50 or more Point of Sale devices.
The Business is also able to offer a range of Point of Sale workstations, barcode scanners, data capture devices, cash drawers, operator and customer interfaces and thermal printers.

Employees: The structure of the Business consists of 19 employees

Trading hours: Monday to Friday :-09.00 to 17.00

Property: Leasehold

Lease terms
The Business operates from a very attractive three storey Grade II listed property. The premises consists of: • Ground Floor – Reception & 4 Offices • 1st Floor – 6 offices • 2nd Floor – 3 offices The Lease is circa £115,000 per annum (inclusive of rent, rates etc) There is a long-term lease arrangement with the next review in 2008.

Location
The location of the Business is excellent with easy access to the national motorway network.

Expansion potential
There are excellent opportunities to increase the level of business. A new owner with sound management experience will provide enthusiasm, impetus and energy to drive the Business forward thus exploiting potential new business opportunities.

Competition / Market
The Business has an excellent website providing details regarding capabilities and services provided. A large percentage of new clients derive from recommendations. The Business regards existing clients as their best advertisers and has maintained an impressive base of satisfied repeat clients while continuing to attract new referrals.

Support & training
A full hand-over is available and the time frame can be agreed as part of the sale transaction.

Reasons for selling
After many successful years the current owners have taken the decision to pursue other interests.