Business Summary:
E-commerce, Mail-order and High Street Retailer of Men’s Gifts
Ref.AH082
Location Sussex
Asking Price £ 100,000
Founded on the difficulties everyone has of buying great gifts for men, this business was originally built around a retail outlet opened in 1997. This was swiftly followed by the development of a mail order catalogue to enable people from all over the UK visiting the retail outlet to purchase gifts from the comfort of their own home and not surprisingly followed by the launch of an e-commerce website. As a result this business is arguably one of the leading retailers of men’s gifts in the UK.
Still based in its retail premises - a prominent retail location in Sussex – with mail order and e-commerce representing approximately two thirds of the overall turnover, this business is the place to go for anyone looking for inspiration for a gift for the man in their life. From all kinds of sports gifts, men’s accessories, drinking gifts, gifts for outdoor pursuits, right through to gifts for in the house or in the garden – you name it this business has it available. It is particularly well known for its expertise and knowledge of telescopes and binoculars and gas and masonry barbecues. With all year round availability across its full range and boasting some of the most competitive prices, this company retails virtually all of the top brands with a range to suit most budgets.
|
|
|
| |
|
| Year
Business was Established: 1997 |
| |
|
| Facilities / Terms of Lease:
Located in a pedestrianised precinct, this business operates from a prominent secondary retail location of approximately 2,500 square feet across two floors with the Ground Floor split almost equally between the retail and mail order operations. The first floor is also used for mail order fulfilment as well as storage of stock.
The premises are leased with the current agreement due to expire in June 2013. Rent is approximately £24,500 per annum. Rates are slightly in excess of £10,200 per annum.
The store is open between 9.00 am and 5.30pm Monday to Saturday inclusive and between 10.30 am and 3.30 pm on Sundays. |
|
| |
|
| Potential
Growth/Expansion:
N.A. |
|
| |
|
| Competition:
With a very well established retail outlet benefiting from high levels of awareness from passing traffic this business has little need for local area marketing concentrating its efforts on mail order and web marketing.
The business produces a full colour mail order catalogue – with a print run of approximately 38,000 mailed to a very well managed database of customers which is cleaned on a regular basis. |
|
| |
|
| Owner
willing to train:
The Owners will provide full business familiarisation, training and handover, covering all aspects of the business, to ensure a smooth transfer to new Owners. |
|
| |
|
| Reason for selling:
Having run the business for the past eleven years, the current Owners feel the time is right to pass the business on to new Owners to take this company on to the next stage. |
|
| |
|
| This business is Internet Based.
|
|
| |
|
Seller Reference Number: AH082
BusinessMart.com Listing Number: 63061 |
|
|
To request more information
on this business
please fill out the form shown right 
|
