Highly Reputed Dorset Schoolwear Clothing Business in Weymouth for Sale
Weymouth, Dorset
- Status
FOR SALE
- Date Submitted:
04/06/21
- Advert ID
277647
- Reference
B06202 / Rightbiz
- Call Agent:
- Leasehold: £25,000
- Turnover: £289,063 (£5,559 Per week)
- Net Profit: £24,738 (9% Profit margin)
Business Details
High regarded Schoolwear clothing business for sale
BusinessPlease quote reference B06202
CoGoGo is delighted to offer to the market Dorset Schoolwear.
The very well established business was founded in 1996 and later purchased by our client in 2019 who is now selling to concentrate on other business interests.
Dorset Schoolwear offers good quality school uniforms, local sports club kits and kits for well-known clubs/organisations.
The sale of the business includes the following equiptment-
- 4 x Dell Pc’s
- 2 x Cash registers
- 3 x HP Laser Printers
- 2 x Zebra Printers
- 1 x Seiko Smart Label Printer
- CCTV System
- Air Conditioning System
- 2 x Shop Counters
- All Office furniture
- All Retail Fitting and Fixtures
- All Store Room Racking
- Company Domain Name
- Dedicated E-Commerce site (Linked to Epos)
- Intellectual copyright on all product photos
Club Kits - Includes local cycling, motorbike, swimming clubs.
Clubs & Organisations - Includes local brownies, guides & rainbows.
The business concentrates on quality versus cheaper clothing and always takes into account the year-round high street supply, colour fastness, stain resistance, shape retention, ease of maintenance and the ability to withstand the rigours of school life.
One of the many improvements made to the business, is the upgrade of the website which now offers the ability for customers to order on-line as well view the many uniforms, kits and generic items on offer. There is also a customer club and useful newsletter with the latest news on openings/local school news.
Delivery - Uniforms can be either collected from the shop, delivered direct to the customers home address or direct to the children's school.
One stop shop - In addition to the main components of the school uniform, they also offer the many generic items required with items.
Service - Excellent knowledge of fitting is offered with private fitting rooms in store, if the children are not present, they offer a try at home service with full refund if the size is incorrect.
Key selling points -
- Very well stocked business offering wide range of clothing
- Increasing turnover
- Business website offered
- Active Facebook page with 682 followers
- Regular & loyal customer base
- Opportunity to add further schools uniforms
- Nil business rates
- Potential to add shoes/trainers
- Low running costs
- Enviable location
- Ideal lifestyle change business
Location
Dorset Schoolwear enjoys a central trading position on Caroline Place in Weymouth.
Caroline Place offers a good selection of independent stores and cafes including a renowned toy shop.
Weymouth is a vibrant seaside well known for its fine Georgian seafront, fantastic beaches and thriving town centre.
Caroline Place is just 0.6 miles from the A354 which connects to nearby Dorchester and A35.
There are several pay and display car parks within 5 minutes’ walk from the shop including Park Street car park as well as many free parking spaces on the adjacent streets surrounding the shop.
Nearest mainline station is Weymouth.
Premises
Ground Floor - open plan retail area with fixed counter, private changing rooms, rear stuff kitchen area with toilet facilities, storage area.
Tenure
We are advised that the business is being sold on a Leasehold basis, there will be a new 5 year lease in place from 1st March 2023.
Hours
We are advised that the business hours are -
Monday – 09:00 – 17:00
Tuesday – 09:00 – 17:00
Wednesday – 09:00 – 17:00
Thursday – 09:00 – 17:00
Friday – 09:00 – 17:00
Saturday – 09:00 – 17:00
Sunday - Closed
Staff
We are advised that the business has 2 full-time and 4 part-time staff members.
Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in region of £290,000. Full financials can be made available upon further request.
Please quote reference B06202
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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