School Outfitters

Gravesend, Kent
REF: 01406

Asking Price:
£150,000
Annual Turnover:
£439,548
Annual Net Profit:
£70,000
Recently Sold
REF: 01406
Photo of School Outfitters
Photo of School Outfitters
Photo of School Outfitters
Photo of School Outfitters

Overview

Tenure:
Leasehold
Established:
1995
  • Well Established
  • Large customer base
  • Repeat business
  • Superb business premises
  • Residential accommodation above

This is a fantastic opportunity to acquire a long established and reputable school outfitters which has built up a large customer base supplying school uniforms, sports kit and many other products to over 30 schools in the Kent area.
The business operates from a superb premises which provides visitors with an extensive range of school wear in many sizes and styles, which combined with on the premises alterations means that clients can purchase uniform to fit any child no matter the size.
The business premises has the benefit of residential accommodation above which offers the opportunity to live onsite.

The business is located in a superb shop premises within a small parade of shops on the outskirts of the main town and has the benefit of ample free on street parking in the immediate area.

The retail premises is made up of two adjoining shop premises which have been combined to offer a spacious and practical sales display area. This has been fitted out to a high standard and creates a fantastic environment for customers visiting the business. There is ample clothes rails, shelving and display areas from which to display the comprehensive stock of school wear that the business supplies. The premises has the benefit of an office to the rear as well as areas for tailoring and embroidery plus two cellars which are used for storage purpose. To the rear of the building is a garden area with 2 storage sheds within.

The property benefits from spacious residential accommodation above which consists of a 3 bedroom flat with all facilities which is ideal for an owner operator to live on site.

This business offers new owners the opportunity to acquire a well established and reputable school outfitters. The existing owner has worked hard to secure the business of over 30 schools with uniform and a range of other services including embroidery, screen printing, fancy dress for school discos and uniform for Cubs, Scouts, Brownies and Guides.

As an exclusive supplier of clothing to its school customers there is a high amount of repeat business from customers and strong relationships have been forged with schools and parents which is key to the success of this business as is the comprehensive stock of clothing.

The Alteration and embroidery service is an important part of the business and equipment such as industrial sewing and embroidery machines are included within the sale.

The premises from which the business operates from is superb and viewing is highly recommended to fully appreciate the high quality of the fixtures and fittings and the overall impression of visiting the shop.

This business would be suitable as a bolt on for an existing outfitter looking to expand its customer base within a new location as well as an owner operator wishing to acquire an already successful business with growth potential which has the benefit of accommodation onsite.

Location

Property

Annual Rent
£20,150
Annual Rates
£4,081
Lease Term (Years)
TBC
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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