Highly Regarded Saddlery Business

Yeovil, Somerset
REF: 02679

Asking Price:
£199,950
Annual Turnover:
£315,946
Annual Net Profit:
£68,335
Reduced
Recently Sold
REF: 02679
Photo of Highly Regarded Saddlery Business
Photo of Highly Regarded Saddlery Business
Photo of Highly Regarded Saddlery Business
Photo of Highly Regarded Saddlery Business

Overview

Tenure:
Leasehold
Established:
2007
  • Unique premium brand
  • Profitable equine sector
  • Impressive reputation
  • Huge scope for growth
  • Full training provided by current owner

With an enviable reputation for supplying and fitting bespoke saddles, this established business represents a rare opportunity for a buyer looking to capitalise on a premium brand.

Currently occupying magnificent premises in a stunning rural location in the south west of England close to the A303 and M5 network, the business has been successfully trading at this location since 2007, providing specialist saddlery services to an exacting customer base.

It’s a lucrative proposition with high retained profits and plenty of scope for future growth. A closer inspection is highly recommended.

With 40 years of industry experience, this business is owned and operated by the vendor, who has built a reputation as a master saddler and is widely recognised as one of the best in the business. Consequently, the brand name is well known and carries considerable cachet.

There is high demand for bespoke saddle production and personal fitting services. Currently operating 5 days a week, there is much scope for growth and high profit margins are achievable. Saddles and associated equipment are currently fabricated to the vendor’s precise specifications by a specialist leather manufacturer in Birmingham.

The current premises comprise a beautiful barn conversion with a fully furnished office space and open-plan tack and display room. A staircase leads up to a well equipped workshop. The barn also benefits from an outdoor and undercover equestrian facility, including secure all-weather arena.

Intelligent Business Transfer are privileged to have been appointed to oversee the sale of a specialist business with a proud trading history and a reputation for quality and innovation.

The business demonstrates impressive trading figures. The £300K+ annual turnover is generated from consultations with associated manufacturing outsourced. Customers pay handsomely for the highly specialist services and expertise on offer.

Business has increased year-on-year and isn’t close to approaching capacity. There is no comparable local competition and the brand is highly sought-after among equestrian aficionados. No advertising or promotional activities are currently undertaken. There is a website that would benefit from a fresh design.

The vendor is retiring from the business and is looking for a buyer to continue in his footsteps. He believes there is enough interest to treble the turnover, should a buyer wish to expand the operation, recruit more staff and prioritise sales and marketing activities.

It would appeal to someone with a keen interest in equestrianism looking to acquire a premium brand. Relocatable or in situ in stunning premises by negotiation. The vendor is happy to assist the transition or stay on as a paid consultant for two days a week.

Features

Online Presence

Website: www.nathanielunderwood.co.uk

Location

Property

Annual Rent
TBC
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
F 126-150

Financial & More

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Annual Net Profit
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Stock at Valuation
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Company Accounts
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Management Structure
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Number of Employees
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Current Ownership
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