Asking price: £255,000

Sales revenue: £190,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Founded in 2004, offering a complete range of EPOS and hardware solutions, the Company has built a market-leading position and a strong base of clients, specialising in the convenience store, off licence and newsagents retail sector and benefiting from ongoing support contracts. The system has been developed over four years from the knowledge of the owner in his own shops and from his strong IT background and from constant feedback from end users. This is a stable and fully integratable product that will link to NISA, Bookers, Costcutters, News Paper Delivery System, Sage and Credit Card System.

This technology solutions provider captures and leverages operational intelligence in real time to provide retailers with competitive advantage, with industry-leading technology empowering retailers to increase profits through operational excellence and best in class customer service.

Improving relationships with customers and partners, streamlining operations, achieving significant efficiencies, supported effectively by management systems focusing on performance, strategic value, return on investment, total cost of operation, ease of integration, administration and maintenance.

Employees: The owner has only ever worked part time in the business, as this has never been his main business or main source of income. It is primarily run by staff employing one developer and one support / installation engineer.

Trading hours: Monday – Friday 9.00 – 5.00. Plus product support 24/7

Location
London Fully Relocatable

Expansion potential
With more target marketing the business could easily acquire an even larger slice of the market and further exploit the full commercial potential of the business. The market is buoyant and the business is ideally positioned to take full advantage of this with continued growth expected, especially with a constant flow of new hardware and software tools being offered to the market. The company could expand its range of products still further as clients are always requesting further products and services from the company as well as expanding into further retail sectors.

Competition / Market
The business has not used advertising in the past. The best form of advertising for this business has always been "Recommendation". A large percentage of new clients derive from referrals and the business regards existing clients as their best advertisers. It has maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets, with a high proportion of the business’s revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry. The business for sale has a professionally designed website that offers excellent potential to increase turnover in the future.

Support & training
Full support, detailed handover and training will be provided.

Reasons for selling
As this is not the owners main business he has never been able to devote the necessary time or focus into the running, growth or management of the business and it has now reached a stage in its growth where it desperately needs this level of hands on management. After careful consideration the owner has reluctantly decided that now is the time to hand this on to somebody who can devote the amount of focus, time and energy that this operation requires.