Opportunity to acquire an established mobile phone and services shop in Chesham, offered for sale at £20,000.
The business currently provides mobile phone-related products and services together with money transfer and parcel agency services. An application with another money transfer provider is also progressing, subject to approval and the provider's requirements.
The shop has not recently been operating to its full potential due to staffing issues and inconsistent opening hours. As a result, current trading and footfall are limited. This presents an opportunity for a hands-on owner-operator who can maintain consistent opening hours, actively promote the shop and develop its existing services.
There is potential to increase revenue through money transfer and parcel services, mobile phone sales and accessories, additional technology-related services, local marketing and improved day-to-day operation.
The premises are leasehold with approximately 4 years remaining on the current lease. Annual rent is approximately £12,500 and business rates are approximately £1,800 per annum. Service charge and insurance also apply, with exact figures to be confirmed.
The £20,000 asking price includes the business and existing shop fixtures and fittings. Stock is not included in the asking price but can be purchased separately at an agreed valuation if required by the buyer.
The business is being offered as a going concern and may suit an owner-operator or an existing retail/service business looking for an established premises in Chesham.
Further information is available to serious prospective buyers.
