Total of 18659 firms and businesses for sale today Sunday 5th May 2024
Sold. Epos & Hardware Solutions For Convenience Store
LISTING DETAILS
Firms For Sale ID:
9901
Vendor reference:
IU113
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£255,000
Turnover / revenue:
£190,000
Net profit / cashflow:
Undisclosed
Years established:
6
Trading hours:
Monday – Friday--9.00 – 5.00.Plus product support 24/7
Number of employees:
2
OTHER DETAILS
Reason for selling:
As this is not the owners main business he has never been able to devote the necessary time or focus into the running, growth or management of the business and it has now reached a stage in its growth where it desperately needs this level of hands on management. After careful consideration the owner has reluctantly decided that now is the time to hand this on to somebody who can devote the amount of focus, time and energy that this operation requires.
Support and training:
Full support, detailed handover and training will be provided.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
EPOS & Hardware Solutions for Convenience Store, Off Licence & Newsagents Retail Sector
Ref.IU113
Location London /Relocatable
Asking Price £ 255,000
Founded in 2004, offering a complete range of EPOS and hardware solutions, the Company has built a market-leading position and a strong base of clients, specialising in the convenience store, off licence and newsagents retail sector and benefiting from ongoing support contracts. The system has been developed over four years from the knowledge of the owner in his own shops and from his strong IT background and from constant feedback from end users. This is a stable and fully integratable product that will link to NISA, Bookers, Costcutters, News Paper Delivery System, Sage and Credit Card System.
This technology solutions provider captures and leverages operational intelligence in real time to provide retailers with competitive advantage, with industry-leading technology empowering retailers to increase profits through operational excellence and best in class customer service.
Improving relationships with customers and partners, streamlining operations, achieving significant efficiencies, supported effectively by management systems focusing on performance, strategic value, return on investment, total cost of operation, ease of integration, administration and maintenance.
Offering obvious value, solid reliability, and great return on investment to its ever-increasing customer base with 31.5% of income currently from maintenance contracts means there is a great opportunity to increase this important revenue stream.
The software is designed for excellence targeting ten areas: overall performance, return on investment, terminal (till) operations, strategic value, ease of upgrading, ease of installation, ease of integration, ease of administration and maintenance, quality of support and quality of service.
Expansion Potential
With more target marketing the business could easily 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 as well as expanding into further retail sectors.