Highly profitable startup with huge potential
Business for sale
Asking Price:
£80,000
Turnover:
£528,125
Annual profit:
£239,112
Audited accounts:
No
Management accounts:
Yes
Years trading:
0
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
I have founded this company January 2008. I saw a great opportunity with big profit potential which I seized. The only problem is, I'm an entrepreneur. I've already found another great project I wan't to work on, so that's the reason I'm selling.About the company:
Michael Stone Associates Ltd foccusses on selling mobile phones (including the iPhone) to mainland Europe. Due to the big price differences between the UK and mainland Europe we are able to recieve a profit margin up to 40% when we sell to our own network of distributors.
At this point we are making around 20k profit a month and already have over 40k in assets and we are VAT registered.
The sale of this company comes with the following:
- Royal Bank of Scotland business bank account
- Registered office in Canary Wharf (One Canada Square / London)
- Unlimited access to your registered office to work or for meetings with clients.
- Domainname michael-stone-associates.com
- 6 month's coaching, support & training
- Our customer database
Furthermore we will sign a non-competition agreement for the period of 3 years.
For questions & offers please contact me by e-mail: info@michael-stone-associates.com