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City Centre Mobile Phone Centre For Sale

Hereford, Herefordshire
Asking Price:
£13,500
Sales Revenue:
£180,000
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market Ary Mobile Repair Centre. The business was originally founded by our client in 2012 and has quickly become very well known in the area, with a lot of word of mouth referrals and further benefits from ample passing trade due to its prime trading location.

The business offers an array of services including, mobile phone unlocking, repairs, tablet repairs, retail of phone accessories, vaping, fidget spinners, sales of pre-owned phones and tablets and Western Union Money Transfer.

According to the latest set of accounts the business reports a healthy turnover in the region of £180,000 and benefits from minimal running costs with low rent and no business rates.

The store is well stocked and clearly set out and also included in the sale is the user-friendly website www.arymobilerepaircentre. We believe a new owner should consider the below options to further revenue.

Advertising and marketing campaign
Maximise the use of social media
Extend the opening hours
eBay shop for reconditioned tech

Early viewing is highly recommended, with our client happy to offer a handover period to assist with the smooth transition of ownership.

Location
The business is located in the vibrant cathedral city of Hereford.

Ary Mobile Repair Centre occupies a prime trading location in the bustling main shopping area with a constantly high footfall and passing trade throughout the day. The shop is accessed from two entrances at each end, both fronting busy streets.

The business benefits from ample parking in numerous car parks, all within easy walking distance.

The area has excellent public transport links and is very easily accessible with several A roads serving the city and linking the area to surrounding towns and villages.

Premises
Mid parade premise briefly comprising: -

Vibrant signage clearly visible to passing trade.

A generous sized store, windows and door to each end creating a light and airy interior, suspended ceiling with fluorescent lighting, vinyl flooring, perimeter adjustable shelving, bespoke counter with work area, till and wrapping area, glass topped counter.

The rear of the shop is currently unused and offers sub-letting possibilities to a complimentary business.

Tenure
We are advised leasehold.
As of 2017, 2 years remain on the lease.
Rent is £10.080 per annum.

Hours
The business opens: -

Monday to Saturday 10.00am – 5.00pm

Staff
The business is owner managed with the help of 2 full-time members of staff.

Financial Profile
According to the latest set of accounts the business reports a healthy turnover in the region of £180,000.

Property information

Property:

Leasehold

Contact Information

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  2. Country

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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