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View the "Highly Regarded Sci-Fi, Film and Gaming Merchandise Retailer" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Highly Regarded Sci-Fi, Film and Gaming Merchandise Retailer

London, England

  • Leasehold Price: £100,000  Price Reduced arrow_drop_down
  • Annual Turnover: £841,888
Seller Reference: 04041
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Business Description
 
 
 
 
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Seller Reference: 04041
Request Details
Business Description

Intelligent Business Transfer is delighted to offer for sale a lucrative business opportunity that is highly popular amongst local Sci-Fi enthusiasts. This is an established film, TV and gaming store, with a loyal customer base and huge potential for further growth and success. The business prides itself on their expert knowledge and competitive pricing and is looking for an investor/partner who will help the business become a visionary market leader within the industry.

A new investor could significantly help develop the business by injecting the capital, knowledge and expertise in order to take the business to the next level either through franchising or by adopting an organic growth plan.

The current owner is in talks with a reputable franchise consultant and aims to expand the business throughout the country. They aim to open new stores in all major shopping malls in strategic locations throughout the UK (expected to open 9 stores across the country by 2019), as well as expand in online sales. This could be done through increased advertising on social media and improvement to the online ordering system. There is also scope to introduce more product lines which would significantly increase the yearly income.

The forecasts currently show the EBITDA growing from £100,000 to £1.2m by the end of 2019, with sales expected to hit £10 million and gross profit margins to increase also.

Intelligent Business Transfer have been approached to find a suitable buyer for this exceptional business. This is a hugely profitable opportunity for a new investor as the business has already established a great reputation in a short amount of time and is currently looking at various options to expand nationally. Hence, little effort is required to upstart the business as it is already a successful venture.
However, the current owner is looking for an ambitious entrepreneur and partner who can see the potential and value of this business, both now and in the future.
Number of employees:
7
Tenure:
Leasehold
Listed by:
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