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Asking Price$92,013
Revenue$171,758 Established2005
Cash Flow$27,604 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Leading Retailer of Fishing Tackle & Bait offering an excellent stock of fishing accessories
On-Line shipping across the UK
Location Stansted, London
Asking Price: £60,000 + Stock at Valuation

Asking price includes:

Turnover consistently in the region of £112,000
Gross profits showing £28,000
Pre tax operating profits of £18,000
Excellent reputation for large up to date stock
Extensive well established customer base
Excellent growth prospects
Positive cash flow

Business profile:
Established in 2005, this business is a major supplier of a huge range of fishing accessories from top fishing equipment manufacturers. The business has grown in reputation and offers everything a fishing enthusiast could want. Ranging from top class manufactured rods and reels through lines hooks and trolleys and tents. In addition the shop has a massive following for its bait variations, which are made and bundled on site.

Working very closely with its suppliers it is able to offer certain top end eqipment not available easily elsewhere.

Operating seven days per week out of very well suited, leasehold, retail premises, this company is very well managed and easy to run. The cornerstone to the success of the business has been the excellent customer relationships this business has built up over its years of operation. Offering a highly personal service, this business has built up a very loyal, repeat customer base particularly amongst the affluent local residents who regard this business as ‘their’ shop. This approach has paid exceptional dividends with the business performing consistently well throughout its many years of operation.
Facilities:Very large shop premises with a useful front terrace. The total surface area amounts to 3,000 sq. ft. along with a further 1,500 sq. ft of storage and workshop area. Rent and rates cost a total of £8,917 inclusive per annum.
Growth Potential:By developing the web presence a new owner could increase profits by more than 50%
Training/Support:The current owners will provide all necessary training and all relevant contacts to ensure a smooth transfer of the business and continuity of trading.
Sale Reason:The owner’s father has been running the business and now is looking to retire.
Ad #50011
Seller Reference #AH137
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Contact This Seller
Turner Butler
0044 1895256000
Email Address