- Advert ID: 656218
- (Seller ref: EA001007)
Equestrian & Tack Shop Retail Business In Suffolk For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > Suffolk
- > Lowestoft
- > Lowestoft
- Category:
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Summary
- Asking price:
- £24,950
- Sales revenue:
- £100,000
- Net profit:
- £18,000
- Years established:
- 13 years
- Employees:
- The business is normally operated by one working owner with the assistance of part time staff as and when required, however we are informed that this business is ideally suited to working owners and part time staff has only been used when the present owner has been required to attend horse shows on a separate business venture.
Business description
The business has been trading as an Equestrian retail shop since 1995 when it was established by the present owners. The current turnover for the retail business is approximately £100,000 pa with a good gross profit and low overheads. The reconstituted profit has been established at £18-20,000 pa. The business offers a wide range of supplies and equipment for the equestrian industry. We are informed that the stock at value is approximately £45,000. It is our opinion that this business is ideally suited for one or two working owners in to maximise profit. Viewing is highly recommended on this excellent business to avoid disappointment.
Property information
- Property:
- Leasehold
- Lease terms:
- The rent has been set at £5,000 pa. The present owner is also the freeholder and is offering a new 12 year secure and renewable lease with 3 year rent reviews.
- Location:
- This business is located in the North Suffolk area of Oulton Broad. Oulton Broad is situated on the southern point of the famous Norfolk Broads close to Lowestoft. The business has been in this location since its commencement in 1995 and is situated in a small parade of shops in a busy residential area. Oulton Broad has a strong equestrian presence in the surrounding areas and it is our opinion that this location offers an excellent business opportunity.
Other information
- Trading hours:
- The business currently operates 6 days per week 9am-5.30pm.
Contact the seller
need to search again?
- United Kingdom
- > England
- > South East
- > Suffolk
- > Lowestoft
- > Lowestoft
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