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Computer Retail and Design Business

 
Cardiff, South Wales, United Kingdom
 
Advert ref: U.0.150.W.
  
Business description
A limited company selling standard computer systems & purpose built computers along with components from retail premises & via their own recently launched website which has extended their customer base nationwide.
The company is used by several insurance companies to assess & repair computer systems.


Years established: 4 years
Employees: 2 Direcors (1 part time) 1 Tech. Engineer, 1 administration/sales & part time technical staff as reqd.
Trading hours: Monday - Friday 9:30 - 18:00, Saturday 10:00 - 17:00.
Property: Leasehold

Lease terms
The property is held on the balance of a 6 year lease from April 2002. The rental payable is £14,000 pa due for review in April 2005

Location
A 2 storey end terrace property in a very busy retail area close to the centre of Cardiff./

Expansion potential
The recently launched website is attracting many customers nationwide to purchase components, complete individually designed computer systems & also to sell their old systems via the web site. They are also being approached by more insurance companies to carry out assessments, etc.

Support & training
Staff would remain.

Reasons for selling
To pursue other business interests

 
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Financial details

 
Asking price: £150,000
Sales revenue: £490,000
Net profit: < £100k
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: £18,000
 
 

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