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Business for Sale Overview:

Specialising in radio control models, this business is dedicated to offering its customers a staggering range of products, with thousands of stock lines available for retail sale every day, from cars and trucks, aircrafts and helicopters to engines, tools and accessories. With a wide range of top quality brands at low prices this business is dedicated to meeting the needs of its customers, helping them in every way to maximise their sales and profits. Its excellent service enables this business to offer the utmost in product knowledge. This business is able to react quickly to any changes in the market and with excellent supplier relationships this business can offer customers competitively priced products - branded and unbranded - and an on-going range of exciting and motivating promotions. Its customer base of which would be considered to be loyal, are guaranteed support by a team of highly experienced modelers who are only a phone call away should they need any help or tips to get the best out of their RC model.

Property Features and Assets:

The business operates from leasehold premises in London with 8 years remaining on a 12-year renewable lease. The annual rent for the premises is £15,600 per annum with additional rates charged at £3,500 per annum. The business has an attractive shop front on a high street location. The shop is 100 foot deep with a secure basement for stock, additional office space, rear access and parking.

Market Competition and Expansion:

This business is very active promotionaly, advertising in specialist magazines on a regular basis. There are excellent opportunities to fine tune this approach and market the business more aggressively both to existing and potential customers. A large percentage of new business however is generated from customer referrals, bearing strong testimony to the business's excellent reputation. The company has a fantastic web presence and there is no doubt this has significant impact on the turnover and profitability of the Company.