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Business for sale - Retail
SOLD

Title:

Telecommunications and Car Sound Retail/Service business

Business Description:

Established over 12 years, this Ennis-based business is the market leader in its field in this area. Well-established brand name with a strong corporate and private customer base and no direct competition in region. Specialises in the sale, service and installation of mobile phones as well as car sound and security systems. Company has loyal, competent workforce (7). Great opportunity for a strategic or cash customer, who can hit the ground running with a solid business

Location:

Prominent Business Park, Ennis (Co. Clare), a growing Mid-west town

Financial Profile:

T/O in excess of euro1m for each of the past three years. Gross margin over 35% with net profit exceeding 10 - 15%. Tremendous potential in years ahead.

Premises:

2,000 sq. ft on ground with additional 500 - 700 sq. ft. (offices, etc.) on first floor. Freehold (Owner may opt to lease)

Year Business Established:

Originally 1990. Incorporated in 1998.

Detailed Text:

The company has a wide range of franchises in the mobile communications, car sound and mobile security market and has contracts with large bodies for fitting of two-way radio systems, sound and security systems. It attracts higher margins than high-street outlets. Owners seek a change in direction after building up a strong business which is set to expand further in 2004 with the legal requirement for car kits (hands-free) systems from Jan. 04. Unique business opportunity.

IBSCI Reference:

MW228


 

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