Intelligent Business Transfer are pleased to bring to the market this superb opportunity to acquire a specialist, extreme sportswear retailer in Ipswich, Norfolk.
The business has been trading for 12 years and has built a great reputation in their sporting community and a loyal customer base. The business acts as an independent retailer of high quality, extreme sportswear clothing, equipment and accessories.
The turnover of the business for last year was £375,268, with a gross profit margin in excess of 30% and an impressive adjusted net profit figure.
Despite the impressive financial figures of the business there are several ways in which they can be improved. A potential buyer may choose to advertise the business more effectively in order for clients to be directed to the business’ impressive website, thus raising awareness of the business. A potential buyer could also focus their attentions on the online aspect of the business to sell more of the businesses stock and increase the sales revenue.
It is with a heavy heart that the current owner of the business is look to pursue other business interests. This business would suit an entrepreneur with the drive and energy to manage this busy store or a corporate client looking for a bolt on acquisition.
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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