For Sale

Exceptionally Well Run Mobile Phone Repair Shop

Glasgow, Lanarkshire

£24,950 +SAV

Ref: B05354

Contact sales negotiator

Aidan Murphy

01204556301

Email Aidan Murphy

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Description

Hilton Smythe welcomes to the market an exciting opportunity to acquire an exceptionally well run and performing, “turnkey “specialist phone, tablet & laptop repair business with an enviable reputation associated with a strong and consistent brand.

The business was started by our client 2 years ago and who has grown the business year on year to an impressive level growing steadily with many loyal and repeat customers and it is only now being offered for sale as our client looks to concentrate on other business interests.

Werepair offers a same day repair service for mobile phones, tablets, laptops, mac books & even hair straighteners, along with stocking a vast selection of accessories.

In addition to the core business it also offers a Western Union money transfer service & is also a collection point for hub box parcel service. The business further benefits from having a clever booking system in place to help track all repairs & their status.

The business further benefits from state-of-the-art equipment in the repairs workshop helping to ensure a high quality, overall level of service and craftmanship to existing and potential clients. Werepair includes an excellent website http://www.werepairglasgow.com/


Tenure

Leasehold

  • We are advised that tenure is leasehold.
  • Rent is £15000 per annum.
  • 15-year lease with 13.5 years remaining.
  • No rates.

Hours

  • Opening hours 1000 – 1800 Monday to Saturday
  • Potential for late opening one night a week.

Staff

The business is run by the current owner & 1 technician

Financial Profile

 The business reported a turnover in the region of £105,000 per annum (No accounts were available at the time of booking)

Location

Werepair occupies a substantial ground floor retail premises on the busy Great Western Road in the popular Kelvinbridge area of Glasgow. The business is surrounded by a wealth of complimentary shops and businesses and greatly benefits from being situated within a densely populated residential area, resulting in a consistently high-level of passing trade.

The Great Western Road Area area of Glasgow is a thriving mixture of , financial offices, bars, restaurants, gallery’s, theatres & is easily within a few minutes’ walk from Kelvinbridge Station, with Central Station, the St Enoch Centre, George Square & the city centre all being within 15 minutes  making the location of the business exceptionally attractive to potential purchasers looking for a city centre operation.

Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds. As of the 2011 census, the city had a population density of 3,395 people per square kilometre. The city offers many amenities for a wide range of cultural activities, from curling to opera and ballet, along with major sporting & music events

Premises

The business is in a prime ground floor, corner situated commercial premises extending to 121.86m2. Entered via street level in to a bright & fresh well-presented shop, with feature curved service counter with payment point, computer system, EPOS system & Western Union System & large wall mounted TV. Perimeter shelving can be found throughout the main shop area, to display the fantastic range of accessories & stock, with a cute corner seating area for customers to wait. To the rear of the shop is a workshop area for repairs, along with staff kitchen & W/C area.

There is also a basement area that could be used for further storage. The shop is fitted with a state-of-the-art alarm system & further benefits from CCTV. The Shop has excellent signage & is well visible to passing trade.

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