Established Schoolwear Business for Sale in Colwyn Bay

Colwyn Bay, Conwy
REF: INT2163

Asking Price:
£75,000
Annual Turnover:
£234,436
Annual Net Profit:
£50,201
REF: INT2163
Photo of Established Schoolwear Business for Sale in Colwyn Bay
Photo of Established Schoolwear Business for Sale in Colwyn Bay
Photo of Established Schoolwear Business for Sale in Colwyn Bay
Photo of Established Schoolwear Business for Sale in Colwyn Bay

Overview

Tenure:
Leasehold
Established:
1982
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Strong Supplier Relationships

This is a brilliant opportunity to purchase an established and reputable schoolwear shop in Colwyn Bay, with sales being available both online and in-store.

This business has experienced great success since its establishment 40 years ago, and now stocks uniforms for 43 local schools, (including primary and secondary) with £90,000 worth of stock currently held in-store.

Due to the high quality of their clothing, the business has become a one-stop-shop for pupils in the Colwyn Bay area. They stock all items of school uniform including; general school clothing, school sportswear, accessories and even Brownies/Guides clothing.

With great connections, the business has links with a local workwear specialist - who they occasionally use in order to brand specific items

They pride themselves on delivering excellent customer service and fulfilling all customer’s needs when it comes to all items necessary for school.

This schoolwear business is ideally located in the affluent seaside town of Colwyn Bay, on a main shopping street positioned within a parade of shops.

After moving to a new premises in 2019, the business now benefits from increased footfall and space, with the shop split over two levels.

Due to the nature of the business, the current vendor runs the shop with one other full-time employee, with scope for an owner-operator to run it alongside a partner to reduce overheads.

The front of the store is welcoming, with a glass front and traditional shop style, new signage and an open plan counter/till with a small stock room upstairs.

The majority of the storage is in the basement and the premises also has staff toilets and kitchen facilities.

There’s scope to widen the number of schools that they are currently providing to, in turn increasing their customer base and sales.

Also, due to the nature of the business, it would be great for a new owner looking to work within the business as an owner-operator, perhaps alongside a partner, to reduce running costs and save money on staff wages.

As the business also delivers the clothing online, it could be beneficial to stock some items on third-party platforms such as Amazon.

Features

Key Information

  • Sells Online: Yes
  • Products Sold: Clothing - Children, Clothing - Sportswear, Clothing - Uniform

Reputation

  • Google: 4.0

Online Presence

  • Facebook: Yes
  • Twitter: Yes
  • Instagram: Yes

Website: www.boppers.co.uk

Location

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  • High Street Location
  • Close to Local Businesses
  • Close to Schools
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£15,000
Annual Rates
£1,540
Lease Term (Years)
10
Lease Expiry (Year)
2029
Accommodation Included
No
EPC Rating
TBC

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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