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Asking Price
£9,999 negotiable
Description
My specialist running and triathlon company is now for sale due to changed personal circumstances. Company has been trading for 1 year so there exists continued growth potential to build on an already excellent repeat and new customer base. The store is located on a very busy main road, about 1/2 mile from the town centre, on which there are numerous specialist businesses. There is plenty of free parking around the store. The asking price reflects the purchase of the Directors' shareholding and will include a '54 plate company van and all store fixtures and fittings. If you do not require the van then I am happy to reduce the asking price to £7k. The company is ready to walk into with excellent suppliers already established and just requires getting up to speed with the daily running of things. I am willing to fully assist the changeover process as necessary. The business is currently fully stocked and the new directors will be required to accept the borrowing obligation in this respect - approx £22k. GP% is 45%. The premises are leasehold with a further 3 years 9 months to run. Rent is £380 pcm.
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