AH058-Retailer of Radio Controlled Models with E-Commerce and Mail Order
Business for sale
Asking Price:
£240,000
Turnover:
£227,500
Annual profit:
100k to 149k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
10
Employees:
No
Photos:
No
Ownership:
Other
Business description
Established over forty years ago – acquired by and under the stewardship of its current Owners for the vast majority of this time, this business is one of the leading model shops within the region. Offering everything for the model enthusiast – aeroplanes and boats right through to tanks, helicopters and a myriad of other vehicles, this business is particularly well known for remote control cars. With its own engineering shop which enables it to manufacture its own motors, drive shafts, propellors etc, a huge selection of parts and accessories and an excellent servicing, repair, maintenance and tuning service, this business is truly a one stop shop for the model enthusiast. It can even arrange flying lessons for first time owners of model aircraft.Representing all of the major brands – and with two major exclusive UK dealerships, this business is anything but just a ‘box seller’, priding itself on its very high levels of product knowledge and customer service whether dealing over the counter, via mail order or e-commerce. With the widest range of stock available, if this business doesn’t have it – it will certainly know where to go to get it. As a result this business draws customers from miles around to its retail outlet and from countries all over the world to its e-commerce site and mail order service.
This business is ideally located in premises purchased by the current Owners of the business some years ago – but will be made available as leasehold to new Owners – easily accessible from across the South of England via very close major motorway links. There’s even a test track adjacent to the outlet enabling ‘would be’ purchasers to test drive their chosen model!
This is a very well established business – a major regional brand in its own right with a very loyal customer following. With turnover for the most recent financial year for which figures are available of approximately £227,500 generating profits available to the owners of the business of approximately £50,000 this represents an excellent opportunity for perhaps a model enthusiast to make a good income from their hobby or an existing operator within this sector an opportunity to acquire a major regional player with excellent growth and expansion prospects.
