Business for Sale Overview:
Most homes and businesses have sound and vision equipment. More than not, most premises contain a variety of equipment. Several televisions, a multitude of music systems, and various recording and playing machines is usually the case. As models are continually superseded and new improved versions evolve, the market sector for consumer electronic equipment continues to expand. Amongst the top twenty service and installation companies in the United Kingdom, this firm operates independently. It specialises in servicing and installation of domestic sound and vision equipment. Trading originally commenced almost twenty years ago. Since that time, the company majored in the field of consumer electronic equipment service. The range of products classified as standard, and installed and serviced by this company is extensive. Home cinema systems, video equipment, televisions, satellite receivers, music systems, Plasma, Projection and LCD screens are all within the capability of the company. A state-of-the-art workshop together with warehousing facilities is at the core of the company. There is also a help line, and an efficient call handling department. Investment in superior technology systems has encouraged success. Bespoke management software has been developed as an added means of efficiency. A dedication to developing a total business strategy has ensured this company is successful. Major clients are brand leaders, such as Sony or Toshiba.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The company operates from leasehold premises. Comprising a warehouse measuring approximately 1766 square feet, and offices measuring approximately 2,073 square feet. Kitchen and lavatory facilities are integral. There is good potential to expand the premises to accommodate future growth. Current lease fee is £45,000 per annum and is inclusive of service charges (rates, heating, light, power etc). The lease may be renegotiated by arrangement. Convenient access to all local amenities is available, and excellent access to the national road network.
Market Competition and Expansion:
This company receives most advertising through word of mouth recommendation. Satisfied clients are generally delighted to tell associates about the excellent products and services available. There is a good level of trade awareness, and this generates substantial advertising. Having achieved approved Service Centre status via a number of leading companies advertising is ongoing. Clients requiring brand approved servicing seek out the company. Passing trade is captured via the high profile company premises. Well presented company website provides additional advertising. Standard lineage entry is carried within Yellow Pages.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: