Fishing Tackle Shop In Lincolnshire For Sale

Business description

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This lovely leisure/hobby based business has a wonderful “Aladdin’s Cave” effect on first time visitors. It would be hard to imagine how any more space could be given over to display. A true cornucopia of all things angling are here for all levels of fisherman, from the youngster making his first forays in to this wonderful and magical pastime, to the seasoned match angler or specimen hunter – its all here, with all major brands represented!

In the 13+ years since this business has been operating, the two Directors have seen several changes in the local market. At its peak of competitor activity this company had 4 other local competitors. However, such is the passion, drive and dynamism of the Directors and staff that today this business stands as sole supplier to a seemingly ever increasing customer and geographical base.

As is quite usual in this sector, the business was established in 1996 from strong hobby interests, and would certainly suit a similar “fresh blood” new owner with renewed passion and drive. The current owners have worked very hard to establish good relationships with both their customers and their suppliers, and to this avail their reputation stands undoubted.

The business is located in a shop overlooking one of the local areas waterways, in an area quite close to the centre of this busy Lincolnshire market town, and represents an ideal opportunity for a new owner to maintain the steady growth available here. The new owner will also enjoy the benefits of the solid business platform already existent from years of diligent growth.

Equipment:

The shop employs a range of fixtures and fittings in the daily operation of the business, and this inventory is expected to be included in a successful sale package.

Customer Service:

As previously discussed, this business has placed customer service extremely high on its agenda of business goals since its inception. This target has been met and surpassed both in terms of their excellent relationships with customers, but also with their suppliers, who have enjoyed their prompt payments over the years.

Key Strengths:

The key strength of this business is undoubtedly the unopposed trading position that it has fought and won over the years. This, in current times stands the company in good stead to cement this position and consolidate further for the future.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Property information

Property:

Leasehold

Lease terms:

Yearly rental comes in at circa £8,000, with rates coming in at approx. £1,100 per annum

Location:

The company operates from a single storey shop/ storage premises on a main arterial road in this Lincolnshire market town. There is approximately 8 years remaining on the protected lease. Yearly rental comes in at circa £8,000, with rates coming in at approx. £1,100 per annum

Other information

Competition / Market:

Having traded strongly on word of mouth recommendation over the years, the company has never sought to mount expensive advertising and marketing campaigns. It has, however, developed and maintained an Internet Website.

Support & training:

Full support and any necessary training will be provided during handover as part of a successful sale package.

Reasons for selling:

This is a genuine retirement sale.

Trading hours:

Monday – Friday: 7.00am – 5.00pm
Saturday: 6.00am – 5.00pm
Sunday: 6.00am – 11.00am