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Business For Sale

OUTDOOR CLOTHING SPECIALISTS

Attn: Andrew Hudson
Kent, United Kingdom, GB
Listing Number: "AB111"
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Asking Price: $210,000 GBP United Kingdom Pounds
Business for Sale Industry: Retail: Clothing & Accessories  
Reason for Selling: This is a genuine retirement sale.
Yearly Revenues: $305,000
 

Business for Sale Overview:

Established since 1993, this enthusiastic business retails an extensive collection of the highest quality outdoor clothing, including coats, rainproof wear, hiking shoes, walking shoes etc. Based in a prime location the store has established itself as a leading provider of outdoor clothing and related equipment, boasting some of the most competitive prices for today’s top brand equipment, footwear and clothing. The company retails a variety of brands to suit most budgets, and has gained an excellent reputation, and has plenty of return custom from loyal customers. Although the business specializes in outdoor clothing, the store is separated into two, with an area catering for ladies fashion. 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. Today the business has an impressive and growing database of regular customers and a reputation for retailing the most wanted, up to date, products at everyday reasonable prices.


Property Features and Assets:

The business is operated from two attractive double fronted shops, situated on a prominent street in a quintessentially Kentish town. The shop front extends to approximately 40 feet and inside measures circa 850 square feet of shop floor with dressing room. The current vendor owns one freehold of the premises, with the second leasehold. (This is two shops now joined as one). The vendor is willing to sell the freehold or create a new lease for the successful purchaser. Annual rent will be agreed by separate negotiation, however rates are charged at £16,738 per annum.


Market Competition and Expansion:

Most business is generated from customer referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation. The business would benefit from a comprehensive and attractive website, detailing the merchandise. Additional advertising could be advantageous through traditional means of radio, ensuring good publicity.


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