Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Established Family Run Sports Shop Gloucester For Sale

Gloucester, Gloucestershire
Asking Price:
£79,950
Turnover:
£350,000
Net Profit:
Available on request

Business
Hilton Smythe welcomes to the market this very well-established, family run sports retailer established in 1908 by the Hudson family. The store is very busy and extremely well-known, offering a great central location, having many long term and loyal customers.

The business itself had been run by the current owner for the last 33 years and was originally established by his great grandfather way back in 1908. The owner is now looking towards a very well-earned retirement.

They specialise in Rugby union, however do offer a very wide range of other sports to include, football, cricket, racket sports, indoor sports, garden games and a wide range of sports clothing, footwear and equipment. They have also expanded into online sales with a good quality website, found at www.hudson-------.--.--.

This is a fantastic business with a good turnover and gross profits, which would ideally suit an enthusiastic owner who could push the business forward to the next level.

Location
Hudson & Co Sports Ltd is situated in Gloucester city centre on Northgate street, in an excellent trading location close to Debenhams. The shop is situated within walking distance of Gloucester cathedral and the historic docks.

The area is well served by the M5 motorway, which runs to the east of the city. The A38 runs north–south through Gloucester connecting the city with Tewkesbury and Bristol. The A40 runs west to east, connecting Gloucester with Cheltenham.

Premises
Hudson & Co Sports Ltd is situated in Gloucester city centre on Northgate street, in an excellent trading location close to Debenhams. The shop is situated within walking distance of Gloucester cathedral and the historic docks.

The area is well served by the M5 motorway, which runs to the east of the city. The A38 runs north–south through Gloucester connecting the city with Tewkesbury and Bristol. The A40 runs west to east, connecting Gloucester with Cheltenham.

Tenure
We are advised that the business is being sold as a leasehold opportunity.

Currently on a rolling lease.

The current rent is £24,000 per annum.

Hours
Monday – Saturday: 9:00 a.m. to 5.30 p.m.
Sunday: 10:30 a.m. to 4.30 p.m.

Staff
The business is currently run by the owner, 3 further full-time staff and 1 part time member.

Financial Profile
We believe from the vendor that the shop currently turns over in the region of £350,000 per annum with a healthy gross profit.

According to the VOA website the current rateable value is £24,250 with rates payable of £12,662 per annum.

Property information

Property:

Leasehold

Contact Broker

Contact Information

  1. Optional
  2. Country

  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here