Long Established Computer Sales and Repair Shop in St Albans

  • Leasehold Price: £60,000
  • Annual Net Profit: £40k
  • Annual Turnover: £120k
St Albans, Hertfordshire, England
Seller Ref:PAX0012059874
Retirement sale For Sale

Long Established Computer Sales and Repair Shop in St Albans

St Albans, Hertfordshire, England
Seller Ref:PAX0012059874
  • Leasehold Price: £60,000
  • Annual Net Profit: £40k
  • Annual Turnover: £120k

Overview

Seller Ref: PAX0012059874

Description

Netizens ( St Albans ) Ltd Shop For Sale

www.netizens-stalbans.co.uk

Beautifully designed, friendly computer retail and repair shop. Unrivalled business, with superb, longstanding reputation, 5* Google feedback and ongoing repeat business.

Currently run by the owner who is retiring. He is looking for a reasonably quick sale, and so has listed the business at substantially below the market valuation, making this business EXTREMELY GOOD VALUE.

The business is a mixture of repairs, upgrades and sales of laptops and desktop machines, Apple and Windows. The shop is designed to look “Apple Like” and be light and airy, not intimidating.

The shop is laid out with a large, open retail area, powered display surfaces and sales counter. Behind the counter, a door to the equally large repair workshop area containing a long workbench for ongoing repairs, with shelving for stock, parts, tools, repairs awaiting parts etc. 2 desks for owner, and occasional Saturday helper / 6th Former etc.

Multiple security cameras cover all aspects of the shop as well as the inclusion of an electrically powered night shutter.

There is a 3D video of the shop on the website, also check out the outstanding reviews on Google, with 10 years + of 5* comments.

Also included in the sale is the eBay account, with 20 years, 8000+ feedback, 100% as well as customer database, bespoke sales and customer management software and a fresh and modern website that integrates with the shop software to advertise stock for sale.

Full accounts available on request. Business has been established >10 years with turnover averaging £120k. It has provided the owner with a nice lifestyle, and he now wishes to retire.

Massive scope for additional business expansion. Phones and tablet are not currently catered for, and with the look of the shop, customers are regularly asking for phone repairs, which the owner doesn’t do. This is a huge area for expansion.

Whilst the owner also does not use social media, except for Google reviews, a Facebook account is included which could easily be brought up to date. Advertising and promoting on social media would bring in substantial additional customers, especially from the younger and gaming audience.

Additionally, the owner has been approached by Games Workshop to stock Warhammer merchandise. This has yet to be completed but would work well with the business’s existing PC gaming customers.

Leasehold Terms:
£17k / Annum, monthly payments on 25th
Trading Hours:
9-5 Monday - Saturday
Number of Employees:
1
Support and Training:
1 month handover available
Location Details:
Off High Street, easy walk to town centre. Free parking right outside
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
www.netizens-stalbans.co.uk

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