Audio Visual Equipment for sale in Knottingley

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Imran Ahmed (Nov 2014)
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Leasehold Price: £16,950 Price Reduced Annual Turnover: £103,000 Annual Gross Profit: £36,038
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Business Description
Hilton Smythe welcomes to the market Sounds Incorporated.  Originally established by our client some 26 years ago the business has seen phenomenal growth and good support from its nationwide client base.

Sounds Incorporated offers a comprehensive professional service.  The business sells, repairs and maintains sound, lighting and smoke systems.  The client base includes nationally recognised Health Clubs, pubs, clubs, the leisure and health market, individual dance instructors and D.Js.

The business has active accounts with all its suppliers with leading brands such as Pioneer, Peavey, Electrovoice, and Wharfedale to name just a few. Good discounts are provided from the suppliers due to the excellent relationships formed with our client over the years.

Additional revenue is derived from the businesses website, with an active on-line shop.  However, this arm of the business has not been promoted and we believe there is huge potential to increase awareness and product availability with drive and enthusiasm to achieve maximum potential of the business.

It is a relatively bespoke and specialised business ideal for anybody interested in this particular market or a business in a similar field looking to expand.  The business has been operating from the current site for the last 7 years, with the business genuinely coming to the market as our client wished to relocate.  Our client is happy to assist with the smooth transition to new ownership if required.

Sounds Incorporated occupies a prominent position on a busy road with high volumes of passing traffic within the residential community of Knottingley.

The town sits within the City of Wakefield in West Yorkshire, with a population of around 13,500.  The town has excellent road links, easily accessible from the A645, M62 and A1 and is served by its own railway station and bus network.

The business benefits from a communal car park to the front and rear shared with other business (some of which are only open in the evening) and bus stop in the vicinity.

A prominent ground floor commercial shop unit within a small parade of shops.

This particular unit is semi-detached with a ladies hairdresser adjoining. The frontage is attractive and modern with security roller shutters.

The shop is well fitted and in good decorative order, there is a god sized stock room to the rear with good quality shelving/ racking and a small workshop to the rear.

There are also a kitchenette and a toilet facilities

The premises benefit from an alarm system.

A side entrance door leads to a passageway at the side.

Equipment includes: Counter, racking, shelving, storage shelving, display shelving, card machine, shutters, alarm and printer.

We are advised leasehold, with a new lease to be negotiated.  Rent is a very reasonable £400 per month.

The business opens:-

Sunday and Monday closed

Tuesday to Saturday 9.00am – 5.00pm

The business is owner run and managed with the assistance of two self-employed engineers.

The business reports an annual turnover of £103,000 with gross profit at £36,038.

Tenure: Leasehold

Listed by: Hilton Smythe
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