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Relocatable Country and Equestrian Footwear

Hereford, Herefordshire
Asking Price:
£99,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
128477
Reference
1931 H / Rightbiz
01204 556300

Details

Business
Hilton Smythe is delighted to welcome to the market this well-established country and equestrian footwear business. The business was established by our clients` in 1986 and is only now being offered to the market as our clients` look forward to a well earned early retirement.

The business is currently run at a pace to suit our clients` and generates a turnover in the region of £323,000, with a gross profit of approximately 30% as per 2016 accounts. Our clients` offer a varied selection of country equestrian footwear with socks and accessories. Many good brands are stocked, such as Cat and Sketcher, including the principle footwear stockists of Shires Equestrian with their full support.

The business is run from a hired marquee circa 40 x 30 ft. displaying the full variety of goods on offer at major county shows, game fairs and horse trials including Badminton and Burghley. The main season of the shows is between May and October.

Indoor events are worked from Crufts Dog Show to Olympia Show Jumping - extending the season if required from March to December. Our clients` have earned themselves an excellent reputation at the shows, which has resulted in a very loyal customer base with a vast amount of repeat business and word of mouth referrals, as well as a prime site at all the shows.

We feel there is scope to increase the turnover by extending the range of products available, as well as attending point to point events. The business would also benefit from the launch of a website to advertise the business and the goods/services offered.

This is an excellent opportunity for a new owner to take this already thriving and profitable business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
This country and equestrian footwear business is currently run from our clients` home in the West Midlands, but could be re-located to anywhere within the United Kingdom.

Premises
The business is run from a hired marquee at events across the United Kingdom.

Tenure
We are advised the business only is for sale.

Hours
The business is open as and when required.

Staff
The business is owner run and managed.

Financial Profile
The business generates a turnover in the region of £323,000, with a gross profit of approximately 30% as per 2016 accounts.

Seller Details
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Listing Details
Asking Price: £99,950
Tenure: Leasehold
Tenure: Other
Marketed By: Hilton Smythe
Sector: Equestrians, Clothing Businesses, Events Businesses
Financials
Annual Turnover: £550,000
Key Features
  • Price Reduced
  • Established Business
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