Sports Shops for sale in Richmond

View the "Profitable Ballet and Dancewear Shop in South West London For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Adam Warren (Jan 2017)
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Leasehold Price: £72,000 Price Reduced Annual Turnover: £100,000 Annual Net Profit: £24,000
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Business Description
A profitable Ballet and Dancewear Shop established in 2010 by the current owner located in South West London, midway between Richmond and Kingston. Sale includes the online website.

Turnover £100K per annum, gross profit 52%, nett profit 24%.

The shop has been open since June 2010 and contributes around 95% of the turnover - the other 5% is from the website. This business can be owner-run, with the help of one or two part time staff (as the current owner does). This established and profitable business is ready for a new owner to take the reins and drive it forward. The current owner wants to focus on other things. The website is fully integrated with the till itself and is easy to manage.

The sale would include a new FRI lease for a reasonable rent (circa £15,000 per annum) for an agreed time frame.

The sale price is £72,000. This price includes £10K stock (at cost), and the website.

The software that runs the till, the website and the stock control system is supplied by a third party. The new owner is advised to take out a new agreement with the software provider.

This business offers a good opportunity for expansion by working with the local ballet schools and dance classes and by increased marketing of the website.

Full access will be provided to the books to qualified buyers. Further information available upon request, please contact seller below for more details.

Location Details:
A1 retail premises in a prime location in North Surrey in South West London between two wealthy areas.
Trading Hours:
M-F 10am-5pm
Sat 10am-4:30pm
Sun 11-2

Tenure: Leasehold

Support & Training: Will be provided as agreed

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confidential sale
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