Gun and Sporting Clothes Shop in West Midlands For Sale

Situated on an Industrial Estate, excellent trading position, office and commercial area, WEST MIDLANDS.

Turnover £ 8,500
Price £195,000

Features

Well Established Gun Shop Plus Sports Clothing Est 1997

PLENTY OF CUSTOMER PARKING
6 DAYS OPENING

The shop sells Airguns, Shot Guns, Firearms, Ammunition and a very large range of accessories. Worldwide known for specialist custom and tuning work by the Manager on airguns. The Manager is willing to stay on for new owners if needed.

PREMISES in the region of 3,000 ft². Heavy duty carpeted floor, suspended ceiling with concealed lighting. Glass sales counter displaying air pistols and knives, cash register, display shelving for rifle's, additional glass display counters, hanging rails for clothing, modern adjustable shelving, etc.

Stockroom

Toilet with w.c. and wash hand basin.

Kitchen

Fully equiped workshop

First floor Stockroom

Turnover

WE ARE INFORMED by the owner the turnover is in the region of £400,000 - £450,000 per annum

Staff

The business is at present operated by the vendor with 2 full time staff & 3 part time staff.

Trading Hours

6 Day week
MONDAY - SATURDAY 8.30am - 4.30pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a 3 year rolling lease from a private landlord at a current rent of £20,000 p.a. plus VAT

Business Rates from April 2022 Nil payable at present. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 1997 AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE ROLLING LEASE, GOODWILL, FIXTURES & FITTINGS £195,000 plus STOCK AT VALUATION (£100,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 97,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote