Open to Offers
Hilton Smythe is delighted to introduce to the market iPhonefixed. The business is an Iphone repair store, and was established in 2009 by our client.
This business was one of the first professional online mobile phone repair businesses in the UK. Over the years the business has built up reliable long standing overseas suppliers for parts, who will be willing to keep supplying.
Our client is now looking to sell the business due to the desire to concentrate on other business interests. We are advised the turnover is just over £35,000. The gross profit for the repair business is 64%. The turnover is based on the business trading on a part time basis (average 13 days per month) and therefore provides ample opportunity for further expansion.
We are advised the owner of the business has recently been putting more hours into the business which has resulted inan increase of around £45,000. This should be shown on the 2016 accounts.
The website www.iphonefixed.co.uk advertises the services provided. The site can be found on the first page of yahoo and Bing, the website is also at the top of the page on Google under the search for Cardiff. This high quality website is included in the sale.
Via the website, customers can choose whether they would like to take their phone in store picking a desired time and date for the visit. They also offer a mail service which is available to those customers who are from further afield. The business has many ways of collection that benefits a great amount of customers.
The business has a Facebook and Twitter profile, which we are advised has over 7,000 followers. The repair service has a newsletter which is mailed out to more than 2,000 customers. This business has a lot of repeat trade from loyal customers, they also receive trade from word of mouth recommendations. There are genuine reviews on Google and Trust pilot that consistently demonstrates high customer satisfaction
We are advised the business has a successful eBay power seller shop accounts which is linked to the business and has over 99% positive customer reviews from UK and Europe.
The business is number one for Phone repairs on Trust Pilot in the UK.
We are advised there is a virtual team who will be willing to continue providing support to the new owner, such as the web designer and administrator, content writers and the Youtube presenter. The business promotes regular Youtube videos for repairs and on Apple products. Our client would be willing to offer the purchaser a hand over period, to help get started and will offer training and knowledge of the trade.
This is a fantastic opportunity for a buyer looking for a relocatable business with huge potential. Please contact Hilton Smythe for further information.
IPhonefixed is currently located in Cardiff.
The business is fully relocatable and can be run from anywhere nationally.
The business is relocatable.
The business can be easily run from home, garage or retail premise.
Equipment and parts are available.
The business reports a turnover of £35,000 per annum.
With a gross profit of 63%
The turnover is based on the business trading on a part time basis (avg. 13 days pm) and therefore provides ample opportunity for further expansion.
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