Business For Sale

Leading Retailer of Fishing Tackle & Bait offering an excellent stock of fishing accessories On-Line shipping across the UK


Ref: AH137
Location: Stansted, London, England
Asking Price: £60,000
Annual Turnover: £107,293

Annual Net Profit: £12,116
Gross Profit: £32,764
EBITDA: Not Set
Premises Type: Leasehold

Business Description

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.

Equipment

Fully fitted racked premises along with PDQ system for credit card use.

Customer Service:

Being owner run, the business prides itself on great customer care and after service.

Key Strengths:

Reputation and the availability of a vast level of stock

Key Opportunities:

This business is operating in a growing market. With a strong demand for the products of this business, combined with a capacity to increase turnover, a new owner contributing fresh ideas, drive and enthusiasm will have every advantage of building on an excellent platform.

The business currently offers most things within the sector in which it operates – but is very much a traditional retailer. The development of a website – perhaps incorporating an e-commerce facility would enable the business to increase awareness of its product range and service, as well as extending its geographical reach beyond the normal retail boundaries.

Growth and Expansion:

By developing the web presence a new owner could increase profits by more than 50%

Confidentiality Form / NDA

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For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

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Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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