Long-Standing IT Supply & Repair Centre for Sale in Colchester

Colchester, Essex
REF: INT2495

Asking Price:
£212,000
Annual Turnover:
£334,123
Annual Net Profit:
£60,352
REF: INT2495
Photo of Long-Standing IT Supply & Repair Centre for Sale in Colchester

Overview

Tenure:
Leasehold
Established:
2004
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Low Overheads
  • Equipment Included

.Now on the market is one of Essex’s leading independent supply and repair centres of PCs, laptops and components. The business supplies value for money when it comes to IT, alongside a wide range of networking, support and advice from their experienced technicians.

They retail computer parts, and also specialise in building competitively priced, bespoke gaming PCs – ideal for gaming fanatics.

With over 19 years of experience in the industry, the supply and repair centre prides itself on having a straightforward, jargon-free process to provide advice for new and existing customers, with clients able to visit their store and get the best possible directions to meet their needs.

Alongside their unrivalled advice and repair side of the business, they also supply a range of laptops and PCs, with industry-leading names such as Asus, Corsair, Lenovo, HP and Razer, all at affordable prices.

Their Colchester showroom is located on the outskirts of the town, with brilliant transport links and nearby main roads. They offer drop-off and collection services, with parking spaces which are easily accessible and brilliant for those in the local area.

The premises is on a leasehold basis, with the last lease being for 10 years which will expire in 2025 at £1000 per month, this includes a spacious 3-bedroom flat above the property which currently rents at £800 per month and is a brilliant source of added income.

Although the owner-operator is highly involved within the business, they have recently reduced involvement and have one staff member who is highly capable and efficient at running the shop while the owner-operator isn’t present.

The repair and supply centre has brilliant potential due to its established reputation and loyal customer base – they specialise in gaming PCs with little competition in the surrounding area, this could be further explored with the potential of opening a gaming centre which allows people to test out games, this was in the works before the pandemic.

Throughout the years, the business has relied on word-of-mouth recommendations – exploring marketing techniques and developing social media channels would be beneficial.

Alongside this, introducing a monthly/bi-weekly newsletter with their newest products and offers to existing customers and those who wish to subscribe could increase business turnover further.

Features

Key Information

  • Services Offered: IT Support, Other

Reputation

  • Google: 4.9

Online Presence

  • Facebook: Yes

Location

Loading...
  • Residential Location
  • High Street Location
  • Close to Local Businesses
  • Good Transport Links

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Year)
2025
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup