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AD014 -Mobile Phones & Accessories Business

Asking Price: GBP 98000
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Business Location: United Kingdom » Staffordshire » Staffordshire 
Category: Retail » Miscellaneous Retail
Description:
Mobile Phones & Accessories Business
60% B2B, 40% Consumer

Ref.AD014
Location Staffordshire
Asking Price £ 98,000
This business was set up by the current owner back in 2002 and in that time has establsihed itself as an innovative and truly independant provider of mobile business communications to business customers, not to mention individual consumers within the Stoke On Trent area.

The company prides itself on being able to provide the right plan, the right device and the right network, whether it be a contract, pay as you go, upgrade or repair.

Approximately 60% of sales revenues comes from B2B activities. The company has a diverse client base including large limited companies as well as sole traders. The remaining 40% of sales are generated via consumer/retail sales.

The business’s aim is to reduce clients costs and improve efficiency of their communications. This is done by providing a complete one stop solution from expert advice, personal levels of customer service and ongoing support services.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2002
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: Monday – Saturday: 0900-1700,Sunday: Closed
Reasons for selling:
The vendor wishes to pursue other business interests.
Market competition and expansion:
The business has never felt the need to advertise in the past tending to rely on word of mouth recommendation. There are excellent opportunities to develop this and market the business more aggressively. A large percentage of clients derive from recommendations and the business has surpassed growth expectations bearing testimony to the excellent reputation the business has earned since inception. The company does not have a web presence, company brochures or undertake any direct mailing or database development. These represent significant future opportunities to a new owner and there is no doubt that turnover and profits could increase in line with a more active marketing strategy, both to existing clients and target potentials.
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