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Leading North East Schoolwear & Workwear RETAILER Well Establish & Prime town centre location

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Leading North East Schoolwear & Workwear RETAILER - Well Establish & Prime town centre locationLeading North East Schoolwear & Workwear RETAILER - Well Establish & Prime town centre locationLeading North East Schoolwear & Workwear RETAILER - Well Establish & Prime town centre locationLeading North East Schoolwear & Workwear RETAILER - Well Establish & Prime town centre location
  • Status

    FOR SALE

  • Date Submitted:

    11/01/22

  • Advert ID

    288652

  • Reference

    TEC9002/22DF/5017 / Rightbiz

  • Call Agent:

    Registered Buyers only »

  • Freehold: £375,000
  • Turnover: N/A
  • Net Profit: Available upon request

Leading North East Schoolwear & Workwear RETAILER - NOW Freehold or LEASEHOLD

The Exit Co is delighted to bring to market this rare opportunity to acquire on a FREEHOLD or LEASEHOLD basis,  one of the Norths leading Schoolwear and workwear Retailers.

This is a highly locally respected business with a highly and well-developed customer base trading since 2013 covering more than 4  x Academy Schools, and 16 x Primary Schools, this is in addition to the retail shop, and online e-commerce facility activity for both school and Workwear.

Key points for the business are as follows :-

·        Our clients retail outlet operates from two floors, the ground floor occupies 1300 square feet, and first floor 1200 square feet, there is in addition more storage capacity ensuring that the business can fully meet all the stock demands during the busier periods in the school year.

·        Fully Functional and well-established e-commerce website, this makes the business RELOCATABLE 

·        At the present time the business is carrying more than £100k worth of stock.

·        There is an In-House embroidery facility ensuring a quick turnaround for all clients

·        Owners are willing to make themselves available to a new owner to help safeguard the continuity and ensure an easy transition.

·        Business for sale due to the current owners wish to concentrate more fully on other business interests.

 Key Features

  • Attractive Business
  • Town Centre location
  • High Turnover
  • Close to Local Amenities
  • Fully Fitted
  • Established Business
  • Car Park available opposite trading premises
  • Company for Sale
  • Accounts Available upon request and completion of our NDA

This is a well-established and profitable business which has significant potential for further future growth.

The Business is For Sale and sold as, Freehold Premises, trading as a going concern and Includes All fixtures, and fittings.

For Sale @ offers in excess or over £375,000 plus S.A.V.

Tenure:

The business is offered for sale by means of a both FREEHOLD & LEASEHOLD according to what any interested parties wishes with regards to securing the full Freehold. We do have a full Valuation Report available upon request and subject to satisfactory offers being full accepted by our client.

Opportunity:

This business is perfect for any existing player already active and trading within the sector, seeking to expand their scope and offering both demographically and commercial to expand their existing trade? or those with an avid interest to enter this highly successful space?

Offers:

Offers are invited for this business in Excess of

£375,000 for the Freehold interest and share of the business

Or

£145,000 for the Leasehold interest of the business. Annual Rental would be £20,000 per annum. (A new full repair & Insurance lease would be granted)

 

Read more

  • Accounts Available
  • Potential for Alternative Use
  • Attractive Business
  • Established Business
  • Fully Fitted
  • Small Business
  • Town Centre location
  • Close to Local Amenities
  • Nil Premium
  • Split Level Trading Area
  • Company for Sale

Contact Agent

Contact the seller for more details, or book a viewing

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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.

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

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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.

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Send a test amount before you consider handing over a large amount 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.

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Contact seller

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. Rest 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 'Leading North East Schoolwear & Workwear RETAILER Well Establish & Prime town centre location - TEC9002/22DF/5017 / 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.