Total of 18659 firms and businesses for sale today Tuesday 30th April 2024
Sold. Retailer Of Sport And Leisure Clothing, Shoes And Equipment
LISTING DETAILS
Firms For Sale ID:
24961
Vendor reference:
AH121
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£95,000
Turnover / revenue:
£407,000
Net profit / cashflow:
Undisclosed
Years established:
41
Trading hours:
Monday – Saturday: 9.0 am -5.30 pm
Number of employees:
3
OTHER DETAILS
Reason for selling:
The current owner wants to devote more time to his property interests after fifteen years of successful trading.
Support and training:
A full handover and any necessary training are available to ensure continuity of trading
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
A leasehold agreement is available as an option and annual rent would be circa £19,500, Rates are £4,973 per annum.
BUSINESS DESCRIPTION
Retailer of Sport and Leisure Clothing, Shoes and Equipment
Ref.AH121
Location London
Asking Price £ 95,000 Plus Stock
This business was bought by the current owners in 1995, but the premises have in fact been used as a sports retail unit since 1970. The business has for forty years been supplying both residents and visitors to the area with quality sports clothing and equipment at affordable prices.
The business has signed long term supplier contracts with a number of leading brands including; Adidas, Reebok, Nike and Kickers. A combination of these ever fashionable names alongside several other labels that provide a budget option help the business to provide an excellent choice of lines for a wide range of customers with different tastes and different budgets. The business is also a member of sports buying group that helps to drive down costs.
The business is located opposite a Premiership football ground. This provides excellent regular custom from visiting supporters. The business stocks replica shirts that continue to sell extremely well. The business is also likely to benefit from the forthcoming Olympics. The 2012 venues are a short bus ride away and visitors as well as residents should provide excellent opportunities on the back of this once in a lifetime celebration.
The business is known for its range of equipment for racquet sports. Tennis, Badminton and Squash enjoy high levels of participation in the local community. This range of equipment also makes the business a destination retailer.