It is operated by the Owner with the aid of one part time employee who works 3 days a week. The business has excellent internet exposure as well as good SEO. It has a respectable social media following. The nearest competition is London.
The business has excellent potential. There is a huge demand for more sports products especially Tennis, and no real pro active marketing has been undertaken. The internet sales could also be increased.
As part of the sale price the Owner would be available for an extended training period as well as consultancy to ensure a smooth handover if required.
The present annual turnover of the business is £275,000 with a gross profit of £135,000 and an EBITDA of £40,000. There is potential to double the turnover within the next 3 years which would yield a potential net profit of £70-80,000.
Please note we do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. The information given is that which is supplied by the Vendor. Please do not rely on the accuracy of these figures and seek professional help before making any offers. We will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.
Monday to Friday: 10 am - 5 pm Saturday: 10.30 am - 5 pm Sunday: 10 am - 2 pm
We are pleased to place onto the market this very successful sports equipment retailer which is based in Canterbury, Kent. The business is situated in a small and convenient estate opposite Homebase in a busy area of the Town. Significantly, there are many sports clubs and schools in the area which provide a huge client base. The business presently has 3 outlets but only this one is for sale, although the Folkestone store may also be considered.
There is a new lease available which is negotiable as the present owner is also the landlord. The rent will be in the region of £15,000 plus vat per annum.
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