INDUSTRY

Clothing

BUSINESS SUMMARY

Internet & Retail Sales Of Lawn Bowls Equipment & Clothing Confidentially offered for sale Ref No:AH048 Location: Home Counties Asking price: £260,000 + SAV This market leading retailer of Lawn Bowls equipment and clothing was established by the current owner more than fifteen years ago. Since that time the business has developed, and is now recognised as the equipment and clothing supplier of choice in the UK. A number of years ago, the current owners spotted an opportunity to expand the business, without the cost of additional premises, by fully embracing internet technology. The result is that the company is now a true ‘clicks & bricks’ operation, with circa 70% of all sales generated through the business’s full e-commerce website. Regular internet sales are now made to Lawn Bowls enthusiasts in the UK, USA, Australia, Hong Kong, Canada, Cyprus, Canary Isles, Jersey and Ireland. Orders have also been despatched to customers in South Africa, Spain, Holland, Belgium, Thailand, Israel, Germany and Russia. Operating from excellent, air conditioned premises in a busy town, with the nearest competitor more than forty miles away, yet within commuting distance of Central London, the retail shop is also a flourishing business, generating circa 30% of total turnover. Many sales are made to local club players: the shop has also become a destination location, with some customers travelling more than seventy five miles to visit, to take advantage of the excellent range of products stocked, combined with knowledgeable staff

	BUSINESS FINANCIALS
Asking Price: £260,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The company’s full e-commerce website serves as the main ‘shop window’ to the business. It is professionally designed, maintained and hosted and has been optimised to produce high ranking levels with the main search engines including Google™ and Yahoo™. Advertisements are regularly placed in the major Lawn Bowls publications including: · Nationwide Bowler · World Bowls Tour Programme · Surrounding County Handbooks
	DETAILS ABOUT THE SALE
Support & Training A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership. Reason for Selling The current owners are looking to dispose of their interest in the business to allow them to focus on other activities. Is Management Willing to Stay? No Are You An Intermediary? No