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Finance And Services:

Sold. Electronic Cash Register Sales & Service Company

LISTING DETAILS
Firms For Sale ID:
29136
Vendor reference:
CG071
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£90,000  
Turnover / revenue:
£100,000
Net profit / cashflow:
£32,000
Years established:
2002
Trading hours:
Monday – Friday: 0900-1730 However the vendor does work outside these hours if necessary

OTHER DETAILS
Reason for selling:
The vendor feels he has taken the business as far as he can with the limited resource he has available. He feels the business needs a new injection of business acumen and resource to take it through its next period of growth and maximise its true potential
Support and training:
The current owner will provide all necessary training and handover required. He would also be happy to stay on within the business as an employee if a new owner so required.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Electronic Cash Register Sales & Service Company
Ref.CG071
Location Merseyside
Asking Price £ 90,000
The vendor of this company has worked within this sector for over 25 years and used his knowledge of this market to set up his own business back in 2002. Since then the business has thrived and become a well established and highly regarded supplier in the area. The company specialises in the supply of electronic cash registers to a whole host of establishments covering the Merseyside region and beyond. The business can cater for any sized sales outlet and as such offers a good range of solutions at extremely competitive prices. As part of this the business can provide new and used cash registers and their consumables as well as a full service and maintenance programme.

The business has access to all of the main brands within the market and this enables them to keep abreast of new technology as and when it is made available to ensure client’s current and future needs are maximised. Not only does it supply retail equipment and consumables it also repairs, builds and upgrades systems, be it a simple one off cash register installation right through to a sophisticated multi site EPOS and scanning system.

Expansion Potential
This business is truly scaleable. The vendor only has so much work he can undertake at any one time due to limited resource. The demand is there to grow this business in many ways with more consumable sales, more service work and more sales. The vendor does not have the time to proactively chase business. An injection of resource alongside the development of a website, trade counter and more target marketing could help the business acquire an even larger slice of the market and further exploit the full commercial potential of the business. The market is buoyant and the business is ideally positioned to take full advantage of this with continued growth expected, especially with a constant flow of new hardware and software tools being offered to the market. The company could expand its range of products still further as clients are always requesting further products and services from the company.

Market / Competition / Non-Competition Agreements
The business advertises within the Yellow Pages and local magazines.