BUSINESS DESCRIPTION
Asking Price: â?¬ 450.000 Leasehold
â?¢ Well Established Regional Market Leader
â?¢ Scope for National Expansion
â?¢ Sky Retail Facilities in Place
â?¢ First Class Client Database and Reputation
â?¢ Sale only Possible due to Retirement
The company specialises in Satellite T.V. sales, installation and service. It is a recognized market leader with an excellent reputation for client service. Established since 2000 the business currently enjoys turnover of some 600,000 euros annually, at an average 55% gross profit. Full detailed accounts are available, together with several years of customer service and enquiry records in the extensive database. The business could easily be expanded or bolted onto another similar business.
Included with the sale is an extensive database of previous and current clients, some 4000 in total, together with a website. There is circa 12,000 euros per annum in residual income from the many maintenance contracts, and this figure is increasing by around 6,000 euros per annum based on projected sales of 5 new cards per month.
The existing business, which is highly profitable, has the capacity to be expanded nationally following the same successful model. Alternatively, it may be of interest to other companies in similar fields as a bolt-on business.
This sale is possible due to the impending retirement of the existing owners.