Asking price: £145,000

Sales revenue: £372,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales is pleased to have been instructed to offer to the market this extremely well established and profitable mobile phone retailer and repairer which has excellent future potential.

Established in 1987 by the current owner, the business is now being offered for sale due to retirement plans.

The business is a successful retailer of mobile phones and accessories and covers all makes and networks.

The vendor offers a full repairs and servicing facility for all makes and models with an exclusive arrangement with Nokia and Samsung.

The business is the nominated warranty repair centre for the area within a 20 mile radius from his premises.

ref:8636MK

Trading hours: Mon – Sat: 9am – 5.30pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 15 years Remaining lease: 5 years Review every: 3 years Rent: £9,000 per annum We are advised that the annual business rates are currently: £6,000

Living accomodation
BUSINESS PREMISES A 2 storey detached building fully alarmed with CCTV briefly consisting of the following: Ground Floor - Double fronted with double doors - Wheelchair access - Sales area with display along the sides - Sales counter with till - Workshop to the rear - Stairs to first floor - Access to rear yard First Floor - 1 large Office - Store room - Small office - W.C & wash room External - Outbuilding to rear –used for storage - Small yar - Private parking to the side

Location
Our client is ideally located just off the main High Street thus benefiting from lower business rent and rates than businesses on the main High Street.

There are many other complimentary businesses nearby who all contribute to attract large footfall levels to the area.

The premises themselves are adjacent to a predominately residential area with many new developments in progress.

There are excellent transport links via the A421 which feeds directly onto the M1 motorway

Expansion potential
Whilst already a successful business, there is still excellent potential for growth and expansion including: 1. Developing the web site 2. Advertising via the web for phone repairs 3. Opening late one evening 4. Approaching other phone manufacturers to offer warranty repairs.

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

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