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Established Successful Work And Leisurewear Retailer For Sale

UK
Asking Price:
£370,000
Turnover:
£1,200,000
Net Profit:
Available on request

This is an award winning workwear retailer, with in-house production facility for embroidering and printing onto shirts and other work apparel.

It boasts an impressive client base with a mixture of local schools and colleges, large national construction companies and European sports organisations.
There is also a recently expanded and very well presented retail shop, in a very prominent town centre location, supplying a vast range of very well known branded goods to local trades and the general public.

A team of experienced and very capable staff are in place, and so could very easily be left to the day-to-day running of the business, making this opportunity ideally suited to a similar business looking to get into a new and very lucrative geographical area, or perhaps a business with a large manufacturing facility, but not the retail side to match.

As such, we really do not think that this opportunity will be around for long, and so would encourage completion of our non-disclosure at you earliest convenience to gain full disclosure on the offering and its potential.

Key features:
- Award winning retailer
- Many lucrative corporate clients including national companies, European clients, major construction companies, schools and universities.
- Trading for over 30 years
- Flagship store for major workwear brand
- Retail and field sales
- Embroidery and printing in-house
- Recently updated 5,500 square feet retail/production unit.

Property Information

Property:

Leasehold

Lease Terms:

The current lease runs until January 2026 and is renewable. We are informed that the rent payable is £45,500, and is inclusive of utilities and rates.

Premises Details:

The business operates from highly visible retail premises in a busy town centre location, with ample free parking in the immediate vicinity.In total the premises extends to approximately 5,500 square feet, and is divided into several branded retail areas and a production area, which is to the rear and side of the retail area. There are also some separate office areas, a kitchen area and staff/customer toilets.There is an additional area of approximately 1,500 square feet, which is available from January 2020 at a favourable rent, and which will allow production to be moved and expanded, freeing up additional retail areas for additional well known brands who have expressed intent to be included.

Business Operation

Reasons for selling:

The owners have other interests and non-related ventures that they wish to dedicate more of their time to, and having grown an already successful business fairly significantly, feel it is now of a size that would be better suited to someone with the drive and resource to take it on again to the next level.

Years established:
31

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