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Business For Sale

HOME ENTERTAINMENT SYSTEMS

Attn: Andrew Hudson
'Surrey', United Kingdom, GB
Listing Number: "ID018"
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Asking Price: $120,000 GBP United Kingdom Pounds
Business for Sale Industry: Recreation: Entertainment  
Reason for Selling: due to family commitments
Year Established: 1996
Yearly Revenues: $240,000
 

Business for Sale Overview:

This business was established by the current owner in 1996. Since that time it has built significant presence within the market place through a mixture of entrepreneurial spirit and market knowledge. The business specializes in the retail and installation of quality car sound systems. The store stocks top of the range of high quality car and home entertainment systems as well as car alarms, tracking systems and Satellite Navigation equipment. Key assets are found in the business’s long-established relationships, well-defined customer base with high repeat sales, and its ability to serve clients, supplying the business with a definitive competitive advantage. Regular repeat business from a multitude of clients is testimony to the business’s unrivaled reputation for quality innovation and reliability


Property Features and Assets:

The business operates from leasehold premises from a double shop unit situated on a main high street in Surrey. Its location has ample free street car parking as well as a private car park at the rear of the premises. Along with an easily accessible workshop. The premises measures circa 1,100 square feet, and is extremely well fitted out with a rear installation building. Above the two combined outlets is a flat and separate storage area. The current lease on the premises expires in July 2008, but a new lease will be made available for the successful purchaser with a break clause. Annual rent is charged at £14,600 per annum, with rates charged additionally at £6,000 per annum.


Market Competition and Expansion:

The business currently advertises through the Thompson Directory, and has a very informative and easy to navigate website, detailing all products and services.


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