Reputable & Highly Profitable Running Footwear Retailer for Sale

Burton-on-trent, Staffordshire
REF: INT2521

Asking Price:
£89,000
Annual Turnover:
£270,545
Annual Net Profit:
£41,170
Reduced
REF: INT2521
Photo of Reputable & Highly Profitable Running Footwear Retailer for Sale
Photo of Reputable & Highly Profitable Running Footwear Retailer for Sale
Photo of Reputable & Highly Profitable Running Footwear Retailer for Sale
Photo of Reputable & Highly Profitable Running Footwear Retailer for Sale

Overview

Tenure:
Leasehold
Established:
2009
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Wide Variety of Products & Services

Now on the market is a proudly independent, family-run business which has been established since 2009.

The owner, recognized the local demand for quality running gear and proper shoe fitting, which were previously unavailable in the area. With over 20 years of experience in running a sports retail shop, their product selection, service, and advice are second to none.

The store offers a large selection of the best running shoes for all types of runners, from competitive club runners to weekend warriors. They are well known in the local area for their exceptional reputation, attracting both local customers and those from afar. The business also supports a number of local races and running clubs, enhancing their reputation in the community.

Recognized at various Business Awards, the business has been highly commended in categories like Entrepreneur of the Year, Most Promising New Start-Up, and Customer Service.

This is the perfect opportunity for a buyer with a passion for running to take over a well-established, award-winning business that is deeply embedded in the local running community, offering both a rewarding career and the chance to make a significant impact on the local running scene.

The business is located within a spacious unit in Burton-Upon-Trent – the premises is leasehold and is approximately 1800 sqft with two entrances, situated just off of a major road with good access to key motorways. Neighbouring their shop is a reputable physiotherapy and sports injury clinic. The shop has ample fixtures and fittings, with shelving throughout their stockroom, an office, a treadmill for biomechanical assessments, bespoke lighting, air-con and a car park.

Currently, there are 3 highly trained staff members, two of whom work 3 days per week, and all 3 staff members have been with the business for around 3 years while having been trained to a great standard, ensuring the smooth running of the company when the owner-operator isn’t present.

The business has grown mainly through word-of-mouth, however, they have found that online advertising through their website and social media has increased engagement and maintained effective relationships with local clubs and races.

The business has a very strong and loyal customer base, which could be further increased by engaging with local clubs while also developing their online marketing. Establishing a regular run-group from the store would engage their customer base while also offering demos of the fantastic footwear available.

Additionally, the business has scope to open 7 days per week with an increase in staffing.

The online side of the business has ample potential for growth and could build up to the same turnover as the shop within the next couple of years, therefore doubling turnover – this could be achieved through external marketing, more effective web design and paid advertisement.

Features

Key Information

  • Sells Online: Yes
  • Products Sold: Clothing - Sportswear, Sporting Equipment

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Website: www.running-form.co.uk

Location

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  • City Centre Location
  • Shopping Centre Location
  • On-Site Car Parking
  • Good Transport Links
  • Limited Competition

Property

Annual Rent
£11,000
Annual Rates
TBC
Lease Term (Years)
7
Lease Expiry (Year)
2030
Accommodation Included
No
EPC Rating

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
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Management Structure
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Number of Employees
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Current Ownership
XXXX

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