100% SHAREHOLDING IN A COMPANY RETAILING OUTDOOR LEISURE CLOTHING AND EQUIP

Price:

Leasehold - £600,000

Turnover:

Seller Ref:

M2212

Location:

UK Non-Specific

Business Type:

Internet based Businesses, Retail businesses

See Other:

Sports shops for sale in UK Non-Specific
Clothes shops for sale in UK Non-Specific
Ecommerce/website based retail for sale in UK Non-Specific
Retail businesses for sale in UK Non-Specific
Internet based businesses for sale in UK Non-Specific

Description:

THE BUSINESS:

FOR SALE 100% SHAREHOLDING IN A COMPANY RETAILING OUTDOOR LEISURE CLOTHING AND EQUIPMENT

HOME COUNTIES

OVERVIEW

Established over thirty years and incorporated in 1992. The company specializes in the retailing of outdoor leisure clothing and equipment, prime high street shop plus high profile website.

Strong financial performance with turnover ex VAT of £3,012,270 resulting in a gross profit of £941,617 (31.26%).

Operating profit before taxation of £197,376 and with an EBITDA of £231,892. Figures stated after deduction of directors’ remuneration and benefits of £52,190.

Prime town center shop premises, approximately 2,100 sq foot retail to two floors plus a further 1,610 sq foot of stores and office space.

New lease to be created with a proposed term of ten years, ingoing rent £48,000 per annum.

PRICE: £600,000 for the assets of the trading company plus the current assets less liabilities as at time of completion.

Location Details:

Home Counties