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School Wear Outfitters In North Yorkshire For Sale

Ripon, North Yorkshire, UK
Asking Price:
£10,950
Turnover:
£92,643
Net Profit:
Available on request

An opportunity to acquire this lucrative school wear business situated in the heart of this North Yorkshire market town - just off the market square. Annual Turnover £92,643. This is a good solid business, showing adjusted net profits of £29,551 on accounts for year ended 30th June 2017 with huge potential to add other businesses (ie, sewing department / sports outfitters). The business would benefit from social media marketing and an online presence with e-commerce tools. There is great space within the premises and central high street and easy access to the town centre giving the buyer further scope to develop contacts with other schools further afield to expand the current business. There are 12 junior schools and three secondary schools nearby that any new purchaser could supply their uniforms for – our client chooses not to peruse these opportunities because of their pending retirement. An enthusiastic younger owners could do so much more here. The business is worked in such easy hours 10am to 4.30pm in only a five day week – scope to open Wednesday. The business is being offered at sensible money due to retirement. The premises will be held on a new secure lease, sensible rent and comprise: spacious sales showroom which is professionally fitted, offering many displays of different school clothing, store room, toilet and wash hand basin. There is a very good basement that could be utilised but would need tanking out. EPC Band C. Stock approx £25,000.

Property Information

Property:

Leasehold