Sold. Retailer Of Radio Controlled Models - Cars, Planes, Boats & Helicopters

Retailer of Radio Controlled Models - Cars, Planes, Boats & Helicopters etc. plus all accessories and parts - catering for ages 12-70

Ref.AH140
Location London
Asking Price £ 165,000
This business has been trading since 1946 and is renowned as one of the oldest established model shops in the world and is now the sole model shop in North London. The shop retails radio controlled models for all ages, ‘Big Boys Toys’, plus all the necessary accessories and parts that customers request. The shop has created a bit of a niche in the market specialising in these products of which is has a large and varied stock plus excellent spare parts selection.

The customer demographic is the upper end of the market and the models are sold worldwide. The business uses the EPOS sales stream.

This is a rare opportuntiy to aquire a truly established and reputable business that has over time built up an enviable reputation for supplying high quality and in-demand radio controlled models with superb after sales service.

Expansion Potential
The business could expand the internet sales division, currently the business does not mail into the customer database or do seasonal sales or specials, which could certainly boost sales should a new owner wish to do this.

Sales brochures have never been produced but this is one area that could be looked into.

Market / Competition / Non-Competition Agreements
The company website gives valuable levels of exposure and generates significant sales opportunities showcasing the models and products on offer.

The business currently undertakes very little in the ways of advertising such is the reputation and position in the market with local press trade only.