Summary
- Asking price:
-
£705,000
- Sales revenue:
- £544,960
- Net profit:
- Available on request
- Employees:
- The business has six full time and three part time members of staff including the vendors
Business description
We are delighted to have been instructed to offer to the market this quite exceptional and extremely well established saddlery and riding wear business, which has been trading successfully for over 100 years.
Our clients have an enviable local, national and international reputation, where they can proudly say that their tack has been on the winners of most of the world’s major races as well as the champions of many different equestrian events.
They are also pleased to supply the many ‘pony mad’ children in the local pony clubs in the surrounding locality.
The business supplies all horse and riders needs including:
• Saddles,
• Boots
• Rugs
• Bridle work
• Gloves
• Grooming kit
• Safety equipment
• Riding and racing attire (including silks)
• Veterinary products
In addition, they have an excellent rug repair and cleaning service and will also fit saddles and carry out clipper repairs.
They carry out bespoke work with hand made sheets and rugs and will arrange for badges or embroidery work on any product.
Stock at cost is estimated to be in the region of £150,000.
Property information
- Property:
- Freehold
- Lease terms:
- TENURE: Freehold
We are advised that the annual business rates are currently: £4,000
- Living accommodation:
- Large freehold premises with extensive sales are comprising of:
Ground Floor
- Entry door into main sales area with serving counter
- 3 showrooms, 2 for riding wear, bridle work and rugs and 1 for saddles and boots
- upstairs to first floor to 3 store rooms and wc
- attic used for stores
- through from counter to rear office, kitchen/storeroom, saddlery workshop with 2 sewing machines
- separate workshop at rear for rug repairs with 4 sewing machines and a press
- side rug storage room
- Location:
- Our clients are ideally located in a village of Berkshire which is famous for its association with the training of the world’s finest race horses.
There are over 2,000 horses in training in the area and over 50 racing yards as well as hundreds of private horse owners.
The shop and workshops are in the centre of the village and is surrounded by a mixture of both commercial and residential properties, many of which date back hundreds of years.
The business has its own car park with approximately 8 spaces available and customers can also use the local streets.
Other information
- Expansion potential:
- Our clients clearly have a very successful business but feel that there is still considerable scope to increase both turnover and profits further by:
1. Attaching an order form to the existing web site to facilitate internet sales
2. Approaching large overseas livery yards to look for export orders
3. Advertising to take advantage of the excellent business name and reputation
4. Attending horse shows to promote the business
- Trading hours:
- Mon – Fri: 8.00am – 5.30pm,Sat: 8.00am – 12.30
- Financing available:
- Please let us know if you require finance for the purchase of a business.