For Sale

Sports Equipment Sales, Hire And Servicing Business

Penicuik, Midlothian

£149,995

Ref: B04270

Contact sales negotiator

Chloe Bootham

01204556307

Email Chloe Bootham

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Description

Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a business only basis) an exceptionally well run and performing “turn key” sports equipment sales, hire and servicing business with an excellent reputation along with a strong and consistent brand.

The business has only now come to the open market as it’s our clients desire to leave the industry and pursue other business interests.

Chandler Sports Ltd has been under the careful and meticulous ownership of our client since 2009 and who has grown the business year on year to an impressive level with turnover and profit levels growing steadily.

The business offers people who are Owners / Managers of health and fitness facilities with technical assistance to maintain their fitness equipment through a planned service and maintenance contract programme at varying levels, along with repairs, equipment sourcing and installation.

Chandler Sports also offers a sales and hire service for gym equipment along with a gym design and layout service, gymnastic equipment repairs, fitness equipment finance, upholstery repairs, impact flooring and equipment trade in facilities.

The business benefits from a strong client base and as such covers the whole of Scotland, Cumbria and the North East of England and further benefits from having a very informative website ( www.chandlersports.co.uk ) in place to help promote sales and the services offered by the business.

We feel that there is tremendous scope to increase the already impressive turnover and take the business to the next level by undertaking in a robust national marketing campaign to generate new contracts along with the possible expansion of the workforce to help accommodate new and ongoing contracts along with revised operating hours.

The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

A tremendous opportunity to own this highly desirable turn key business, and early viewing must come highly recommended to avoid disappointment.

Tenure

Business Only

We are advised that tenure is offered on a business only basis.

Hours

The business currently operates;

Monday - Friday 8.30 am to 5.00 pm

Staff

The business is run and managed by the current owner and one part time staff member.

Financial Profile

The business reported a gross turnover in the region of £164850.

Gross Profit £117,079
Net Profit £47,595
Adjusted Net Profit £74,481

Location

The business currently operates from an office/storage location in Penicuik, allowing easy access to the motorway network (M9, M8, M77, A1 & A9) and benefits from close proximity to Edinburgh International Airport.

By the nature of the business on offer it is completely relocatable to suit the needs of potential purchasers.

Premises

All associated specialist industry tooling and equipment is to be included in the sale, along with company sign written vehicle, computer equipment and the company website.

A detailed inventory of used and new sports equipment will be provided to the purchaser.

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