Business description

Long established and highly successful High Street Retail business and Service Centre.

Sale Price is NEGOTIABLE

Authorised Nokia Service Centre & Mobile Phone Retail + Mobile Recycling & Trade in point + Website business

SERVICE
We specialise in Nokia repairs and we are an AUTHORISED and ACCREDITED Nokia care point who are one of the most highly rated service points. There is also the possibility of Samsung service in the near future. Nokia repairs are referred to us by Nokia and also by a large volume of mobile phone stores in surrounding areas such as Orange / 3 / T-mobile / 02 etc. We also have a high volume of general Nokia customers who require chargeable repairs which can be very lucrative. We cover a wide area of N.W London , Middlesex and Herts and are well known with Nokia customers as providing specialist care and service. The service and repairs run from the premises which can provide a speedy service which has added to our reputation.

RETAIL
The retail side of the business specialises in general and contract sales from the front of the store. We sell accessories, Plug n Go, Bluetooths, pay as you go and more.
We also offer contract sales and upgrades for various networks from which we have a very large customer data base. This side of the business can turn around great profits in very little time. All paperwork for this side of the business is set up with Contracts/ Terms and Conditions etc that are needed. The large customer data base can also be used to mail out any new offers, services or deals you may have for which we have templates all set up for. We also have leaflet templates in place if you were considering having leaflets printed. Also all repair customers are potential 'Contract 'or 'Pay as you Go' customers especially if their handset can not be repaired.

RECYCLING
There is also the possibility (if the prospective buyer was interested) of a up and running mobile phone 'Trade In' and Recycle business + website alongside this business. There are approx 4000 leaflets in store also which can be distributed. These leaflets promote the recycling business and also the store itself. We are also known as a local 'Trade In' point for which people recycle their old phones and again are potential customers for a contract or to buy a phone. We also have T.shirts available for staff to wear for this business aswell.

PRICE INCLUDES
Price includes all service equipment (worth approx £12k) , Service Parts, Security Camera's & Sensors, 6 x Display Cabinets, Modern 'Bar' type counter with underlights, Contract Display stands, All Fixtures and Fittings, All Stationary, 2 x T.V monitors , Fully intergrated Alarm with automatic police response, Computers x 8, 1x Main Server, Printers /Scanners/ Cd Player with music license and 'hold' music, Video Web Server, Paper Shredders,Microwave, Till, Safe and All Furniture

LOCATION
The store is also located approx 1-2 mins walk from a very busy train station and on a main road in line with popular shops, shopping centre and banks.

PREMISES
Property comprises of driveway for two vehicles, stock room and office space as well as the service centre and large shop front with air conditioning / heating and small kitchen area.

This is a great little business and everything is set up, all you would have to do is simply step in to this already flowing business and simply put your stamp on it. We will provide support on the takeover. All paperwork that you may want or need can be left for your use for contracts, admin, banking and mailouts. Therefore until you change or make your own paperwork there is sufficient paperwork for all aspects of running of the store.

The buyer should expect a continuing business of walk in customers that are all potential repair and sales customers. We also get particularly busy after Christmas in terms of repairs. The store has been established since 1990 so our customer base is extensive and we are well known in the area by locals, traders and companies alike who have proved loyal and continue to provide business for the store over the years. The daily involvement for buyers would be the opening of the store, management of staff, over looking day to day operations and closing of store.

There is no reason for the sale other than a change of career for the management here. This is an urgent sale as management has new opportunity lined up for December and so requires urgent sale. With driven and motivated management the potential of this store is massive with so much room for expansion and growth.

Property information

Property:

Leasehold

Lease terms:

5 years remaining

Leasehold rent:

£17,500 per annum

Location:

On main highstreet with heavy traffic flow and busy stations very close by. There is also a shopping centre 2 minutes walk away.

Size in square feet:

Approx 1000

Other information

Expansion potential:

Nokia Service could be expanded hugely alongside the potential of extra customers due to future Samsung repairs.
All Nokia repair and general walk in customers are all potential network contract customers. The potential here is massive for a enthusiastic and motivated team.

Competition / Market:

No other walk in Nokia Service Centres in any surrounding areas.

Support & training:

Full support will be offered in regards to the Service Centre and Repairs. Full support will also be offered in the general running of the store, procedures, and operations of machinary and equipment or any other areas the buyer may request.

Reasons for selling:

Change of Career

Trading hours:

Monday - Saturday Business Working Hours

Furniture / Fixtures value:

£2,500 (included in the asking price)

Inventory / Stock value:

£2,400 (included in the asking price)