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OUTLET - Harleston

Harleston, Norfolk, England

  • Leasehold Price: £125,000
  • Annual Turnover: £494,397
Seller Reference: KBT47941
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: KBT47941
Request Details
Business Description
• Current ownership since c. 1989
• Excellent reputation within the region for quality and reliability
• Part of the Euronics buying group and branding
• Retirement sale

Well established Euronics outlet in south Norfolk. Owner run and managed since c. 1989 by the current owner. Turnover in the region of £500k per annum with good profits. Excellent reputation within the region for quality products, large stock range and reliability. Limited competition locally. Genuine growth potential for any new owner. Retirement sale. Viewing recommended. Leasehold ref: 47941

Rarely available before opportunity to purchase this well respected and well established retail business operating under the Euronics brand. We have been advised that the business has been established for many years, has been run by the current owner since the late 1980’s and is now only being offered for sale due to retirement.

The outlet is situated in Harleston which is an ancient Norfolk market town, full of historic buildings and has an array of individual specialty shops including historic coaching inns, cosy tea rooms, traditional bakers, butchers and delicatessens. Harleston is approx. 20 south of Norwich and c. 24 miles west of Lowestoft. The area is well served by various A roads and bus routes linking the surrounding villages.

The business attracts high levels of regular custom from not only the local area but also further afield due to the reputation gained over many years for the level of stock held, the choice on offer and customer service. Due to the semi rural location, a vast array of equestrian equipment is offered for sale and has limited competition locally with regards to this stock.

This is a highly successful and lucrative business yet in our opinion still offers terrific future growth for any new owner and would ideally suit an ambitious and energetic hands on owner who can expand on the reputation which has been built up over many years or an existing operator within a similar sector who is looking to expand a portfolio.

Summary. A rarely available before opportunity to acquire this well established Euronics store which has served the local community for many years. The business benefits from a strong client base built on word of mouth, customer service, reliability and range of quality products.

This opportunity would therefore make an ideal purchase for any existing operator wishing to grow their own business of a similar nature or a hands on owner who can move the business on to a new level with the addition of an eCommerce web site.

A meeting with the owner is highly recommended to fully appreciate the location and business which is only being offered for sale due to retirement.
Tenure:
Leasehold
Is accommodation included?:
Yes
Listed by:
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