8849WR FREEHOLD MOBILE PHONES BUSINESS
Business for sale
Asking Price:
£595,000
Turnover:
£214,193
Annual profit:
£61,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Advent Business Sales is delighted to havebeen instructed to offer to the market this
extremely well established and profitable
mobile phones and accessories business with
excellent further potential.
Founded by our clients in 1986, they have
now reluctantly decided to offer it for sale as
they plan to emigrate.
The excellent net turnover of approx
£215,000 pa is split approx 25% retail and
75% commercial.
For the business users, they offer a tailor
made bespoke package designed to meet their
individual requirements for the most cost
effective system.
The business has just attained 3% ongoing
revenue share for all its business customers.
From their large showroom with easy access
and free parking, they sell an excellent range
of competitively priced mobile phones from
all the major manufacturers on offer from
the full array of tariffs.
They also stock a large inventory of
accessories including
Batteries
Chargers
Carrying cases
Adaptors
Fashion fronts
They will also install mobile phones hands
free kits and accessories into any vehicle. In
addition, they offer a repair service and
warranty packages.
The retail customer base is predominantly
local but the commercial side with a 50 to 60
mile radius from the premises.
There is a large level of repeat business due
to the vendor’s excellent location.
We have been advised that the current stock
level at cost is approx £15,000.
The business is staffed by the two vendors, a
husband and wife team who both work full
time.
Minimum overheads ensure a good level of
net profit and positive cash flows.
Our clients are willing to assist in a hand
over period to ensure a smooth transition.
The business is fully relocatable anywhere
within the region should a buyer not wish to
purchase the freehold.
REF: 8849WR
