Asking price: £75,000

Sales revenue: £150,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established Computer Retail/Repair Business

The business sells, repairs, builds and upgrades computers to client requirements and repairs all related products. 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 July 2000. 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, including custom built PC’s, Laptops, repairs, upgrades and de virus systems, broadband installation, network installation.

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.

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 laptop computers and personal computers.

Equipment:
The company uses Windows XP Professional with M/S Access and is running a single data base package that runs the whole operation, including buying/ purchasing, selling [monthly accounts], onsite repair section, sales invoicing system, a quoting system, etc.

Customer Service:
The business offers the best service and support with highly trained engineers and dedicated service and repair systems all supplied in house and delivers and satisfies the needs and requests of the customers on the date required.

Key Strengths:
The company has a high availability of computer stock and computer parts. The Company's formula for success relies on the wide range of products sold, backed by technical support and repair services. Professionally managed, the company supplies products from the smallest 'home' system to networked systems that offer outstanding performance and reliability.

The business flourishes on word of mouth recommendations. Thriving on challenges, staff does not give up on problems until they are satisfactorily resolved and give good and honest advice to customers only recommending parts that are needed for the job. The business benefits from a high volume of passing trade and these are always dealt with promptly and efficiently.

Employees: Two Directors are responsible for the Sales, Repairs, Buyer, Home visit on site organisation.

Trading hours: Monday to Friday 10 am – 6 pm. Saturday 10 am – 5pm. Sunday 11 am – 4pm.

Location
The business operates from leasehold premises in the West Midlands. The vendor will negotiate a new lease up to 15 years on terms agreeable to both parties. Rent will be charged at £65 per week with additional rates of £600 per annum

Expansion potential
Growth and Expansion: 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. Key Opportunities: Having achieved exceptional growth over recent years the business has forged an excellent reputation for itself. At present, the company supports a number of 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.

Competition / Market
Other forms of advertising include leaflet drops at the local college and adverts in the local paper.

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.