This is a genuine opportunity to acquire an established laptop and mobile phone sales and repair business, with an existing customer base, strong reputation, specialist repair equipment, established supplier relationships and significant potential for further growth.
Please send a message for more details or if you have any questions.
- Asking Price:
- £90,000 Furniture / Fixtures and Inventory / Stock included
- Turnover:
- On request
- Net Profit:
- £50K - £100K
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
A new 5-year lease will be provided on completion/exchange as agreed. The purchaser will not be taking over the existing lease
- Location:
-
Prime Queens Road location, a few meter from Brighton city center.
- Premises Details:
-
The premises measures approximately 13m × 6.5m and comprises a main retail area, a 3m × 3m repair area, and a 2m × 2m kitchen.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Significant Growth Potential
There is substantial scope for a new owner to increase turnover and profitability.
The business is currently operating below its potential opening hours and online capacity, providing several clear opportunities:- Extend opening hours – currently open 10am–6pm, with potential to open earlier and later.
- Open Saturdays and Sundays – currently closed at weekends. Saturday is a particularly strong shopping day in Brighton city centre.
- Increase online sales – products are already listed on the existing websites but online purchasing is not currently active.
- Expand business-to-business repairs – the business has developed a strong reputation locally and is a recognised destination for repairs in Brighton.
- Introduce mail-in repairs – allowing the business to attract customers from outside the local area.
- Increase data recovery services – significant potential through targeted advertising and marketing.
- Increase refurbished laptop and mobile phone sales – particularly by maintaining higher stock levels.
- Expand accessories – including mobile phone cases, screen protectors and other high-margin accessories.
- Increase marketing and social media activity – an opportunity to further capitalise on the existing reputation and customer base.
The business therefore offers an established operation with multiple identifiable routes for future growth, rather than requiring a buyer to start from scratch.
- Reasons for selling:
-
Due to unavoidable family circumstances, the owner is reluctantly offering this well-established and much-loved business for sale.
- Trading hours:
-
Mon-Fri 10am-6pm.
- Years established:
- 17
Other Information
- Support & training:
-
The current owner will provide:
- 2 weeks of training and handover
- 3 months of telephone support during the business's normal opening hours and maximum 30 minutes a day
- Furniture / Fixtures value:
- £40,000 - included in the asking price
- Inventory / Stock value:
- £30,000 - included in the asking price
