The business sells a range of sports equipment including running shoes, rugby, cricket and tennis apparel. A popular racket re-stringing service is also provided.
The firm is very well known within the area providing a ‘one stop shop’ for many of its customers. A guaranteed range of products are found “on the shelf” and there is the ability to source less popular items.
Well located in the centre of the town, the business is a main area stockist for a leading running shoe manufacturer.
Customers will travel into the town to view and buy products due to the choice, the advice, stock levels and more importantly for the after sales service that continues to be provided. The company has excellent supply partners and years of trading have given it excellent buying power and speedy deliveries.
The company has literally thousands of historical customers, many of whom are repeat clients who have used the company over many years.
The business is being offered for sale as leasehold. The premises are prime retail in the town and the business enjoys excellent exposure, historical presence, good signage and strong footfall, not to mention impressive profitability year on year.
This represents an ideal investment opportunity for a new owner with many avenues for future growth. The business would certainly benefit from a new injection of energy and business acumen to build on its consistent performance to date.
Number of Employees:
The vendor works in the business. The business also employs 2 part times staff.
Support & Training:
The vendor will provide full support and handover period to ensure a seamless transition of ownership. This should be a relatively straightforward process as the business model is simple yet effective.
The business operates from prime leasehold retail premises in a thriving town with excellent shop frontage. Premises comprise main retail areas with stock room.
Leasehold Term: Annual rent is circa £14,500 p.a.
2015-16 Turnover £320,000 2015-16 Gross Profit £116,000 Leasehold Price £120,000 WHAT WILL YOU BE BUYING?...More Details
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