Sports Shop Clothing Footwear and Sporting Equipment For Sale

Business description

Sports Shop
Clothing, Footwear and Sporting
Equipment
The business benefits from holding agencies with Nike, Adidas
Reebok, Asics, ProStar, Puma, Speedo, BCE, Head, Yonex, Slazenger, Dunlop, Umbro,

This business retails an extensive collection of the highest quality sporting goods, football boots, shirts and equipment, predominantly football orientated and a vast range of sports clothing. Customers visit the shop as this business’s reputation extends far and wide, maintaining goodwill and return custom for many years.

The comprehensive selection of products on offer by this well loved shop represents excellent value for money in relative terms maintaining higher added value margins for its owner.

The stated aim of this business is to provide simple, high quality, classic designs to complement the wearer’s personality.

Established in the 1960’s the business has been under the current ownership since 1995 and has built up an excellent reputation for one of the most selective and successful ranges of distinctive and popular sport and football wear in the region.

Equipment: The business uses PDQ for credit card purchases.

Customer Service:

A high standard of customer service is a main concern for this business and has enhanced the excellent reputation the business has developed among its customer community. Customers are a top priority and staff are always happy to help, offering honest and helpful advice.

Key Strengths:

The company strength is founded on its consistence of retaining a high level of repeat business. Very well known, the store is smart and eye-catching and provides attractive premises for the business. It is ideally situated on a main high street and is always well stocked with a large variety of quality merchandise the store is very well known for its range of products concentrating on its proven range of merchandise that is attractive to local buyers and visitors alike. The company has direct trade accounts with companies such as Nike, Adidas and Reebok etc.

The company is proud of its excellent reputation and dedicated customer care, which are a result of the company’s skilled committed staff, and quality control over its products and services.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Sales revenue is in excess of £350,000 per annum, with a gross profit of £134,668 .

Property information

Property:

Leasehold

Lease terms:

Annual rent is charged at £16,000 per annum, with rates charged additionally at £3,500 per annum.

Location:

The business operates from leasehold premises in Essex. Annual rent is charged at £16,000 per annum, with rates charged additionally at £3,500 per annum.

The premises measure at circa 1,200 square foot, and are run over two levels. The top floor consists of an office and stock room, with the lower floor displaying a large, well fitted retail area.

Other information

Expansion potential:

Sportswear sales are expected to receive a a real boost in the months prior to the World Cup in 2010 as fans show their support for their team through their clothing. This will ultimately lead to improved turnover for the business.

Growth for this business venture can be attained with the development of an advertising, marketing and promotion campaign.

Competition / Market:

Most business is generated from Client referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation. The business currently advertises in the yellow pages and would benefit from a comprehensive and attractive website, details all products and services.

Support & training:

Full support and training will be provided to the successful purchaser.

Reasons for selling:

After more than 38 happy, prosperous years in the business, the current owner, following the successful handover of the business, wish to spend more time playing golf. The business comes fully operational and the successful purchaser with drive and energy cannot fail to carry this business forward.

Trading hours:

9.00 am – 5.30 pm Monday - Thursday and Saturdays
9.00 am – 6.00 pm Friday