AO024-Well established TV, Video, Hi-Fi and DVD outlet
Asking Price: GBP
199000
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| Description: |
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Well established TV, Video, Hi-Fi and DVD outlet
– retail sales, repairs and installations
Ref no: AO024
Location: East Sussex
Confidentially offered for sale
Asking price: £199,000
Opened in 1980, this is probably one of the oldest established, independent audio visual dealers in Sussex.
Situated in one of East Sussex’s busiest and liveliest towns, this business operates from very prominently located retail premises, enjoying high levels of footfall and passing traffic. Double fronted – in essence two adjacent units - one dedicated to audio visual, the other purely audio, this business stocks all of the very latest equipment in the audio visual sector - plasma, LCD, audio and surround sound systems, dealing directly with all of the major brands including Toshiba, Pioneer, Denon, Marantz, Keff, LG, Monitor and via major wholesalers in relation to Samsung, Sony and Panasonic. |
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| Financial Information: |
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| Annual gross sales: (GBP) |
N/A |
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Yearly Revenue: (GBP)
Total yearly sales revenue |
N/A |
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Net Profit: (GBP)
Total profit before taxes |
N/A |
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| General Information: |
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| Business Area: |
no |
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| Year Established: |
1980 |
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Is Relocatable?:
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Yes |
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| Business closed or an asset sale : |
No |
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| Is Home based business?: |
No |
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| Real estate status: |
Yes |
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Reasons for selling:
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This is a genuine retirement sale. |
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Market competition and expansion:
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Located in a prominent position on a major road and benefitting from high levels of customer awareness resulting from its many years of operation, the business has little neeed of advertising.
The business has a presence in all of the local Directories but benefits most from the most cost effective form of marketing, strong word of mouth recommendation which ensures a constant stream of customers through the door. |
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