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Asking Price$125,858
Revenue$290,318 Established1979
Cash Flow$95,660 Employees4 full, 1 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Audio Visual Service Centre
Public and Trade – Service, Repair and Decoding of home and car entertainment equipment

Location Birmingham
Asking Price £ 75,000
Leasehold Premises

Asking price includes:

‘09/’10 Turnover of circa £ 173,000 and rising
‘09/’10 Gross Profit of circa £ 57,000 and rising

Highly skilled, competent and loyal employees
Excellent reputation for high quality services
Unpatented technical know-how
Established for over 35 years
Very high in house standards
Wide range of clients
Internet website
Business profile:
This dynamic and well managed business offers an exciting opportunity for a new owner to take an already successful long established business with rising year on year turnover to a new higher level. Established 35 years ago, the business has been grown organically with a strong family influence stemming from many years of experience in the industry.

The company offers a repair and service operation for brown goods, and it also enjoys the enviable position of being the recommended service centre for several major household name brands. The company offers a virtually unique package of services and their renowned personal service has led to the company enjoying a status of high recommendation and extensive word of mouth referrals.
Facilities:The company operates from leasehold premises, containing their workshops and offices. The units are in a small development of similar units just off a busy main road frontage. The square footage is believed to be approximately 1,100, with rental value being approx. £6,000 per annum. The lease is believed to have circa 2 years remaining, with renewal being possible for new owners.
Competition:The company has developed and maintained an Internet website, but has never felt the need to advertise due to the endorsements that they carry, which automatically bring work to the company. The current owners do feel however, that a new owner may wish to re-visit a fresh marketing campaign.
Growth Potential:Although the business has been consistently profitable and indeed growing year on year, the owners feel that an injection of fresh enthusiasm and further new technology would unlock the door to even further growth and profitability.
Training/Support:All necessary support and training would be available during handover as part of a successful sale package.
Sale Reason:semi-retirement
Ad #61239
Seller Reference #CV027
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Contact This Seller
Andrew Hudson
0044 1895256000
Email Address