Popular Gunsmiths Business In Lancashire | | Undisclosed Lancashire | | Gunsmiths, Lancashire T/O: £1,350,125 GP: 16.05% Substantial property Old established business Scope to develop further Contracts with major manufacturers Enviable reputation | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72780
ADVERT IMPRESSIONS : 10,997 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Sports Shops | | SALE: | Agent Sale | FREEHOLD: | £630000 | LEASEHOLD: | £230000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
This gunsmith's occupies a prominent and highly desirable trading location within the centre of a thriving village in Lancashire. The property is situated on the main arterial road through the village and benefits from much passing trade and ample car parking facilities. The area is easily accessible to the motorway network and is within comfortable commuting distance of all major conurbations.
Business History
Preferred Commercial is delighted to offer for sale this popular gunsmiths business with an enviable national reputation. The business was established by our client's family in 1920 and is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £1,350,125 per annum with a gross profit of 16.05% derived from the sale of new and second user shotguns along with clothing, footwear and accessories for shooting and country sports. The property boasts 3-bedroom living accommodation to the first floor and a large extension to the rear. The business is a Browning Pilot dealer and boasts accounts with all other major shotgun manufacturers, such as Beretta, Benelli, Lanber, Franchi, Miroku, Winchester, Bettinsoli and Hatsan as well as airgun manufacturers such as Weihrauch, Air Arms, SMK, Daystate, Crosman, Falcon, BSA, Diana, Stoeger and a number of smaller brands. Our client also stocks ammunition and clays from Eley, Gamebore, Express, Clay Pigeon Company, and clothing and footwear from Barbour, Hunter, Le Chameau, Beretta and Browning. Our client also offers gun repairs and service with in-house diagnostics and basic repairs and links to numerous specialist gunsmiths for major repairs. In addition, a secure gun storage facility is offered to clients on a monthly fee basis. A new owner could increase turnover by diversifying into other outdoor sports and leisure related product lines, introducing rifles and fishing equipment and perhaps by developing e-commerce trade. There is potential to expand the clothing and accessory range offered. There is the internal configuration to significantly extend the internal sales area, should a new owner wish. We feel this is an ideal opportunity to acquire a well-established and well-renowned gunsmith business. Early discussions with Preferred Commercial, in confidence, must come highly recommended.
Financial Details
T/O: £1,350,125 approx.
GP: 16.05%
Opening Hours
Mon - Tues: 9.00am - 12.30pm & 1.30pm - 5.30pm
Wed: Closed
Thurs - Fri: 9.00am - 12.30pm & 1.30pm - 5.30pm
Sat; 9.00am - 12.30pm & 1.30pm - 5.00pm
Sun: Closed
Accommodation Details
Substantial 2-storey detached property with large 2-storey rear extension, wide frontage and forecourt parking for up to six vehicles. The internal area of the property is 3060 sq ft. Briefly comprising:
Ground Floor
• Main entrance
• Open-plan retail sales area with wide sales counter with product displays, electronic cash register, garment hanging rails, glass fronted product display counter, various gun cabinets and gun racks
• Secure gun storage and gun display room
• Office with desks, 2 x PCs, shelving and small stock store
• Additional gun cupboard
Internal access to private accommodation
• Hallway
• Open-plan lounge and dining room with coal and gas fire, double doors to conservatory
• Side door to covered storage area
• Link access to 40 foot single storey garage with shelving and racking throughout, cartridge store
First Floor
• Landing
• Double bedroom with walk-in wardrobes
• Bathroom with bath, WC, walk-in shower and wash basin
• 2 x double bedrooms with built-in wardrobes
• Lounge area of approx. 20 foot by 24 foot
• Fixed stairway to attic level
Attic
• Open-plan workshop and storage area (600 sq ft),
boarded throughout with gun racks
External
• Forecourt to front with parking for up to 6 vehicles
• Garden to rear
• Attached 40 foot garage (192 sq ft)
• Attached 20 foot garage/store, adjacent to shop front
Tenure
Advised freehold
Leasehold option available at £230,000 + SAV | | | | | | FOR SALE | | | | | REFERENCE: | 2993 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
