Asking price: £110,000

Sales revenue: £300,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This business was established in 2006 and initially traded in small premises in a secondary retail area of this well known Worcestershire town. It retails a broad range of PC's and Lap Top computers and stock such brands as Aces, Toshiba and Fujitsu to name but a few. It also sells an extensive selection of computer accessories and consumables.

The company will also build computers to the clients exact requirements and these are built in house and carry a twelve month warranty. Its main customer base is located within nine miles of the retail outlet and the company offers a popular home installation, maintenance and repair service.

Demand for its services meant that the business quickly outgrew its premises and it has relocated to a superb retail outlet in a primary high street position This strategy has proved to be extremely successful and given the business an even higher profile.

Equipment:

The company workshop has a range of problem solving diagnostic equipment and all the necessary electrical and hand tools required to construct a bespoke computer.


Customer Service:

The business has flourished due to the attitude and flexibility of the team. Clients like to have their own PC built for them safe in the knowledge that there is an extensive backup, support and maintenance service available to them . The home service is attractively priced and unique in the area Customers like to feel that help is only a phone call away.
The level of service is both knowledgeable and extensive with the majority of customers appreciating the personal approach rather than that of the major IT supermarkets none of which can be found within the immediate area.

Key Strengths:

Financially sound
Great location
Excellent premises
Branded products and In House Builds
Profitable

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The company presently generates a turnover of circa £300,000 with gross profits being in the region of £90,000. Profits before partners drawings are around £50,000.

Years established: 2006

Employees: The business is presently family run by a husband and wife team , one son plus one self employed service engineer.

Expansion potential
There is a very good opportunity for a purchaser to expand the retail business as there is ample floor space to carry additional stock. There is also a significant number of small business parks and SME's in the immediate region that provide good potential market for building a commercial client base. To date this sector remains untapped.

Competition / Market
The business does have a basic web site and there is a great opportunity to grow the turnover by adopting a balanced marketing strategy.

Support & training
A comprehensive handover for a period to be agreed as part of the sale negotiation will be available to the purchaser

Reasons for selling
The proprietors have decided to take early retirement