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IU105-Scottish Central Belt-£1,950,000-On-Line Mail Order for Electronic Gadgets
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Well Established High Street Computer Retailer and On-Line Mail Order for Electronic Gadgets
Confidentially offered for sale
Ref No: IU105
Location: Scottish Central Belt
Asking price £1,950,000
Established in 1997, this award winning Scottish based company started as a computer hardware, software and complete systems provider as a sole trader and has now moved to a substantial retail outlet in a prime location within a City Centre. The rapidly developing hand held PDA and GPS market prompted the vendor to enter this sector and quickly established the company as a leading provider of satellite navigation systems. The excellent suppler agreements enbled this company to be one of the first to ship new models at launch to its clients, thus further establishing itself as a major player in this highly competitive but lucrative market sector. The e-commerce side of the business now trades from a separate leasehold unit on the outskirts of the City, enabling the vendor to continue to grow his market share without restriction
Confidentially offered for sale
Ref No: IU105
Location: Scottish Central Belt
Asking price £1,950,000
Established in 1997, this award winning Scottish based company started as a computer hardware, software and complete systems provider as a sole trader and has now moved to a substantial retail outlet in a prime location within a City Centre. The rapidly developing hand held PDA and GPS market prompted the vendor to enter this sector and quickly established the company as a leading provider of satellite navigation systems. The excellent suppler agreements enbled this company to be one of the first to ship new models at launch to its clients, thus further establishing itself as a major player in this highly competitive but lucrative market sector. The e-commerce side of the business now trades from a separate leasehold unit on the outskirts of the City, enabling the vendor to continue to grow his market share without restriction
About the Business
Facilities:The retail outlet takes a prime corner locatiom in the city of circa 1,600 sq. ft. spread over the ground floor and basement. The premises are owned by the current vendor and he is happy to assign a new lease.
The e-commerce trades from a leasehold unit on the outskirts of the City on a small industrial estate, ideally suited to the mail order operation. It has ground floor offices and substantial storage on the ground and mezzanine levels. It has a passing rent of circa £6,000 per annum
Market Outlook and Competition:The business is continuing with the current growth strategy with a commitment to use proven avenues for lead generation, including but not limited to, Yellow Pages, Pay Per Click, industry publications. It also benefits from the finest form of marketing, word of mouth recommendation. Consistent growth will be achieved by building on this success.
About the Sale
Reason For Selling:Our client reluctantly places this thriving business on the market as he has other business interests that are all proving to be time consuming. Having dedicated all his time to building and growing this business for the last 10 years, he also feels it is important to spend more time with his young family.
KEYWORDS: Well Established High Street Computer Retailer and On-Line Mail Order for Electronic Gadgets Confidentially offered for sale Ref No: IU105 Location: Scottish Central Belt Asking price £1,950,000
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Industry: Retail Stores
Segment: Catalogs and Mail Order | ||
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