School & Club Uniform Retailer

Lancing, West Sussex

Status

FOR SALE

Date Submitted:

01/10/20

Advert ID

267363

Reference

PD11208 / Rightbiz
Leasehold: £95,000
Annual Turnover: £270,000
Annual Net Profit: £51,000
Established for 20 years, this thriving, well known and highly regarded uniform retail business provides a high street retail, online delivery and free collection service to many primary and secondary schools as well as clubs e.g. Scouts, Cubs, Beavers and Air and Sea Scouts.

An embroidering service is also provided with on-site in-house equipment. Most of the schools have only 1 or 2 suppliers providing predictable and reliable annual revenues and sole supplier status is enjoyed with 1 secondary and 6 primary schools.

The sale includes a lease on the prominently located high street shop incorporating large sales floor, two changing rooms, stock room and staff toilet as well as the well-known brand and two websites. A new website has been established for workwear/leisurewear offering great expansion opportunity.

The business does not pay rates and the shop can be staffed by a single employee or manager keeping costs low.

Due to the resilience of this market the business has been trading profitably throughout the recent challenging year maintaining strong turnover from year to year.
Contact Agent
Advert Reference:
PD11208 / Rightbiz
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