Sports Clothing and Equipment Retailer For Sale

Business description

The target is a leading player within the South West of England, retailing an extensive portfolio of premium casual sports and fashion brands as well as premium sports equipment. They have geographically exclusive relationships to deliver exclusive clothing ranges from leading sports clothing and equipment brands.

Starting out as a single shop in 1989 the existing owners have continued to re-invest into the target, expanding organically using internally generated cash flow and without external finance, gradually adding stores to the portfolio.

The target now operates from three high quality primary locations. The locations have retail and storage capacity in locations to deliver higher quality revenue.

The total floor space is around 6,900 to retail supported by 3,800 in warehouse space (much of which is first floor over primary retail space and could be converted to additional retail space if required).

The store locations are within a geography that is becoming increasingly popular as a holiday destination. As a result the target is seeing increasing tourist footfall which is forecast to increase further.

Property information

Property:

Leasehold

Location:

The store locations are all premium town centre spaces within a geography that is becoming increasingly popular as a holiday destination.

Other information

Expansion potential:

It has an enviable reputation with its suppliers and regularly receives invitations to take part in expansion plans within the region.

The target now represents an excellent opportunity to introduce more retail ‘science’ to further manage its costs, stock control and staffing ratios.

Competition / Market:

Much of the brand relationships are on a geographically exclusinve basis.

Support & training:

The owners are now seeking a planned exit and would be open to retention for a planned handover or continuing role (although succession planning has already been implemented).

Reasons for selling:

Retirement

Financing available:

The current economic situation has, of course, made access to funding a little more difficult for most people, however Equittex have direct access to a number of mainstream and alternative funding providers and partners.

Website:

www.equittex.com

Related documents:

• 
• preliminary information