UK & European Sales B2B Computer & Printer Brokerage For Sale

Business description

B2B Computer/Printer Brokerage
UK & European Sales
Sales, Repairs & Maintenance

This highly successful, niche and profitable company was originally established in 1993 and specialises in the provision of quality new, and second user computer equipment and peripherals to service companies, computer dealers, brokers, business users, and the general public. As part of this it holds stock of and also has access to all the leading manufacturing companies products including:
• Printers
• Screens
• Hard Drives
• Media
• Comms
• Spares
• Consumables
The company has carved out an enviable reputation in the market and are particularly strong on those "hard to find" or "just in time" products, which means its customers don't need to tie up precious time and cash by stocking and sourcing spares and consumables.
The business also provides a cost effective repair service that is highly lucrative and in demand.
Many companies uses this business because of their fast and efficient service, and this is reflected by the large volume of repeat business the company enjoys as well as many referrals. The business has a core of some one hundred regular customers the majority of which are B2B companies including end users, brokers and service support companies.
Whilst sales turnover has decreased over recent years due to cheaper hardware prices profitability has increased such are the service levels this business provides.
Equipment:

The business has a suite of fully networked pc equipment on site as you would expect from an operation such as this together with the relevant testing, repair and diagnostic equipment. The business also utilises Sage accounting software. All equipment is included in the sale price.

Customer Service:
All equipment is sold cleaned, reconditioned (where necessary), electrically and functionally tested prior to despatch.
The business has approved vendor status with a number of major computer companies such is its commitment to quality and customer service levels. It has all the necessary working methods and manuals in place to ensure consistent levels of quality.
The business is also a member of The Federation Of Small Businesses(FSB).
Key Strengths:

• Part of Europe’s largest computer trading exchange
• Large diverse customer base( mainly commercial)
• B2B & Export sales (40:60)
• Well trained staff
• Reputation based on knowledge, longevity and speed of response
• Large range of products
• Good inventory levels
• Superb supply chain
• Consistent delivery

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business currently achieves turnover circa £500,000 per annum with an impressive gross profit margin of circa 50%. Net Profits before tax are circa £130,000 p.a. Current stock levels are circa £40,000. The market for this company’s services is vast. The European printer market alone is worth some £5billion.

Property information

Property:

Leasehold

Lease terms:

Rent for the main site and the warehouses is circa £45,000 p.a. The sites are all secure and fully alarmed. Current rates are circa £6,000 p.a.

Location:

The business operates from leasehold premises. There is one main building which has the offices, workshop and storage for fast moving stock. (circa 3000 square feet). In addition to this the business also has some 2000 square feet of additional warehousing and a further pallet store. Rent for the main site and the warehouses is circa £45,000 p.a. The sites are all secure and fully alarmed. Current rates are circa £6,000 p.a.

Other information

Expansion potential:

There are many ways to further expand this business. The product range could easily be expanded to incorporate laptops and new breaking technologies.

The business is not particularly proactive in looking for new sales revenues. A more strategic approach to sales and marketing and full development of its existing customer base would certainly increase revenues significantly.

Competition / Market:

Having established an excellent reputation for quality reliability and professionalism the business has never seen the need for traditional advertising- preferring to rely on the most cost effective form of marketing, word of mouth recommendation. It is however part of the broker site which is Europe’s largest computer exchange. It could certainly benefit from some strategic marketing and updating of its website and overall internet presence.

Support & training:

The current owners would be happy to provide full training and support at handover.

Reasons for selling:

The vendor wishes to take early retirement.

Trading hours:

Monday – Friday: 0930-1800