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Asking Price$120,173
Revenue$112,161 Established2007
Cash Flow$40,057 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Retail, Repair & Purchase of Mobile Phones & Laptops, Sale of Sim Cards & Accessories - Money Transfer Agent - Plus Internet Cafe with 12 Computer Terminals
Ref.AD031
Location East London
Asking Price £ 75,000
Started in 2007 by the vendor this business is based in an Internet Cafe with shop front and has 12 computers for Internet use by the public, having high speed multi use internet connection, making this very popular with passing footfall.

The vendor also repairs and purchases mobile phones & laptops, sells sim phone cards and accessories and is a money transfer agent for Western Union and Moneygram.

The business attracts regular walk in trade due to the excellent reputation for the level of stock at competitive pricing, which places it above any local competition.
Facilities:This is a leasehold property with nine years remaining on a fifteen year lease. The annual rent is £14,870 per annum with rates of £950 per annum. The premises comprise the shop front, reception and sales area plus 12 computer terminals for Internet connectivity. The property has a separate entrance to a 2-bed flat situated at the rear of the premises and producing an income of £9,600 per annum that is included in the takings.
Competition:As just stated there had been no investment on advertising, leaflet drops etc., trading on word of mouth reputation only. Any input in this area should increase the profitability of the business.
Training/Support:The owner is happy to help with training the new owners.
Sale Reason:Genuine retirement sale
Ad #51817
Seller Reference #AD031
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Contact This Seller
Turner Butler
0044 1895256000
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