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Lucrative School Wear Business in Ripon With High Turnover For Sale

Ripon, North Yorkshire
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  • Status

    FOR SALE

  • Date Submitted:

    20/09/16

  • Advert ID

    180537

  • Reference

    557044 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £10,950
  • Turnover: £92,643 (£1,782 Per week)
  • Net Profit: Not Applicable

Business Details

Clothing & Accessories For Sale in Ripon

SCHOOL WEAR OUTFITTERS in North Yorkshire for Sale.

An opportunity to acquire this lucrative school wear business situated in the heart of this North Yorkshire market town - just off the market square. Annual Turnover £92,643. This is a good solid business, showing adjusted net profits of £29,551 on accounts for year ended 30th June 2017 with huge potential to add other businesses (ie, sewing department / sports outfitters). The business would benefit from social media marketing and an online presence with e-commerce tools.

There is great space within the premises and central high street and easy access to the town centre giving the buyer further scope to develop contacts with other schools further afield to expand the current business. There are 12 junior schools and three secondary schools nearby that any new purchaser could supply their uniforms for – our client chooses not to peruse these opportunities because of their pending retirement. An enthusiastic younger owners could do so much more here.

The business is worked in such easy hours 10am to 4.30pm in only a five day week – scope to open Wednesday. The business is being offered at sensible money due to retirement.

The premises will be held on a new secure lease, sensible rent and comprise: spacious sales showroom which is professionally fitted, offering many displays of different school clothing, store room, toilet and wash hand basin. There is a very good basement that could be utilised but would need tanking out.
EPC Band C.
Stock approx £25,000.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Clothing & Accessories For Sale in Ripon - 557044 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.