A rare opportunity to acquire a well established, profitable outdoor retail business, along with the prime real estate it occupies, in a highly sought after, high footfall area of Dublin City.
The business, specialises in hiking, walking and outdoor clothing and has been a cornerstone of the community for over 40 years, boasting strong, long-standing relationships with world leading brands in the industry.
Business Highlights:
• Turnover: The business generates an impressive turnover circa €1 million, reflecting its strong market position and loyal customer base.
• Brand Relationships: Prides itself on long standing relationships with top tier brands including Columbia, Regatta, Skechers, Craghoppers and Dare2B, which provides a solid foundation for continued success.
• Established History: Over 40 years in operation with a strong and loyal customer base, making it a trusted name in the outdoor retail market.
• Operational Efficiency: Many aspects of the business are not computerised, offering an opportunity for the new owner to implement modern technology, driving cost savings and operational efficiencies.
• Low Owner Involvement: The current owner works a limited number of hours per week on the business, making this an ideal purchase for a buyer looking to take over a well functioning business with minimal initial input.
Growth Potential
With hiking and walking becoming increasingly popular in Ireland, there is ample opportunity for further market expansion. The business is positioned for significant expansion, both online and through traditional retail channels, presenting an attractive opportunity for a new owner to scale operations and increase profitability.
New Product Lines: The outdoor retail market is continuously evolving, with opportunities to introduce new product lines such as ski wear, eco-friendly gear, high-tech outdoor equipment, camping or water sports equipment.
Additional Store Locations: Leveraging its established brand reputation, there is significant potential to open additional store locations in other areas across Ireland. The existing business model and brand relationships can be replicated to ensure success in new markets.
Online Expansion: Leveraging the established brand to launch an online store and increase social media activity could significantly boost revenue and market reach. Despite the growing demand for online shopping, this business has yet to tap into the e-commerce market. Launching an online store would allow the business to reach a broader customer base, both locally and nationally. An online presence could be further developed through targeted social media marketing, search engine optimization, and email campaigns to drive traffic and sales.
Franchise Model: This well established brand and operational model could be adapted into a franchise system, offering an opportunity to rapidly grow the business with lower capital investment.
Key Considerations
• Discounted Sale: The business is being offered at a large discount, with the condition that the building must be included in the sale. This presents a unique value proposition for buyers looking to acquire both a thriving business and prime real estate.
• Transition Support: The owner is committed to ensuring a smooth transition and is willing to stay on for a period to help the new owner settle in.
