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Business for Sale Overview:

Established in 1982, this thriving family run business specializes in the retail of premium quality boys and girl’s school wear, and also supplies uniforms for scouts, cubs, Brownies and dance wear. The business meets a growing demand for the provision of school wear which is made to the highest standard at affordable prices. This competitive advantage has ensured a close link to 23 schools and in additions supplies direct to nine schools. The pleasant, highly regarded store guarantees year round availability of uniforms. The business supplies a range of quality school wear merchandise in a wide variety of sizes, designed to look good and to withstand everyday use in the school environment. It ensures continuity of color and fabric weight. This enables the client to have total confidence in the products and ensures regular repeat business.

Property Features and Assets:

The business operates from leasehold premises in Herne Bay, Kent. There are eight and a half years remaining on a fifteen-year lease. Annual rent is charged at £22,000 with rates charged additionally at £6,500 per annum. The shop consists of two adjoining units situated on a main high street in Herne Bay, measuring approximately 2,500 square feet including changing rooms, large stock room and toilet. The retail area benefits from air conditioning.

Market Competition and Expansion:

The high profitability of the business is mainly as a result of word of mouth recommendations, bearing strong testimony to the high reputation the business enjoys, and the extent to which its brand name is known. The company has a website detailing contact details.