Asking price: £15,000

Sales revenue: £50,000

Net profit: < £100k

Fixtures value: £10,000

Stock value: £10,000

Business description
Established Computer shop offering PC components, Printer ink, Monitors, Cables etc in the front shop, and repairing/upgrading/building in the rear workshop. In a group of 20 or so other shops with ample free parking, next to a school and Metro station. There is a goods yard to the rear. A new food supermarket is being built within a few yards of the shop (opens november 2009)
The main shop area is fully slat walled (high quality) with wooden Floor and has 2 large display windows. The shop also has heavy duty shutters front and back.

Price: 15k (New Price)

Sale includes all stock (circa £10,000) fixtures and fittings (circa £10,000) inc Electric touchscreen POS till + Goodwill.
Owner seeking to sell so he can move abroad.
Turnover circa £1000 per week but with lots of scope to increase this as the current owner does not repair Laptops or Macs and only does call-outs after hours.
Shop is ran by owner only and open 6 days a week (not sundays).
Rent is 9k per annum paid monthly (£750) with a renewable lease confirmed

Years established: 4

Employees: 1 (sole trader)

Trading hours: 10-5:30 mon-fri 10-4:00 saturday closed sundays/bank holidays

Property: Leasehold

Lease terms
One year left of renewable lease. Landlord has no problems offering long term lease with further 3 years at current rent before reviewing

Location
Situated within a run or 20 or so shops, ample free car parking. Next to school and Metro station

Expansion potential
Plenty of scope to generate more income as the owner does not repair macs or repair hardware faults on Laptops. A brand new (Netto) supermarket out front is due to open in November which should attract many more customers. Owner also advertises in Yellow Pages only and so could be advertised better

Competition / Market
PC World about 2 mile away, small pc shop 1 mile away

Reasons for selling
Owner wishes to move abroad