Superb Sports Equipment And Trophy Business In Leicestershire For Sale

Business description

Superb Sports Equipment And Trophy Business - Leicestershire
Well presented and equipped ground floor unit
Turnover £120,000 pa with good GP margins
Full and established e-commerce website
Early viewing highly recommended
Scope for further development
Quality location on main road
LEASEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this high turnover and profitable sports equipment, clothing and trophy retailer which has been in the careful hands of our clients since 2005. The only reason our client is now offering the business for sale is due to his desire to return to full time employment. Since our client took over the business he has refurbished the trading premises and the turnover has grown on a year on year basis. Our client has informed us that the current turnover is £120,000 pa with a gross margin of 45%. This is derived from the sale of a wide variety of goods including sports equipment, sports clothing with a thriving shirt printing section, trophy sales with a fully integrated engraving system which can produce multiple plaques plus a full e-commerce website. The business enjoys a monopoly trade with strong connections to most of the local football and cricket teams who all use the business for their squad kits. Our client is constantly evolving the business with the introduction of new products giving the business good growth potential. The business has a strong local reputation and as such enjoys high levels of repeat business. This is a superb opportunity to purchase a premium business with massive growth potential therefore we recommend early viewing.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 3 years
Remaining: 1 year
Review: 3 years
Rent: £7,000pa

Living accommodation:

Well presented ground floor shop unit on a busy parade surrounded by other complimentary retailers briefly comprising: Main glazed entrance leading to an open plan trading area with: Slat wall racking and shelving for display purposes Glass cabinets for the display of sports accessories Glass shelving for the display of a wide range of trophies Central gondola with shelving Large window display area with window graphics Carpet tile flooring Sales desk with glass front display Rear room with: Work bench for trophy engraving Work bench for the production of printed sports shirts Universal 300 fully integrated engraving machine Shelving Kitchenette area with sink and units Staff toilet Back door leading to the rear yard External Rear yard which is paved with double lockable gates.

Location:

This well established and profitable sports and trophy retailer is located in a busy parade of shops on the main through road of the affluent and popular town of Earl Shilton in Leicestershire. The shop is located in a row of other complimentary retailers and receives large footfall figures with excellent parking due to the Co-operative superstore being directly in front of the shop. Earl Shilton is a medium sized town with all of the major amenities and good quality schooling. The business enjoys a monopoly trade as it is the only sports clothing, equipment and trophy business in the area the closest being some 10 miles away in Leicester. The area has strong road links with the M1 and M42 motorways plus the town is in close proximately to the city of Leicester and the larger town of Hinckley.