Asking price: £220,000

Sales revenue: £236,800

Net profit: £46,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
THE BUSINESS
Advent Business Sales is delighted to have been instructed to offer to the market this extremely popular and profitable aquatic business.

Established by our client in 1992, the business is only now being offered for sale as he wishes to retire.

Our client offers an A to Z service for everything aquatic including
• over 120 show trophy tanks
• 3 Koi carp tanks
• Bronze water features
• Plants
• Hardware
• Fish food
• Tropical Fish – of which over 1500 are sold every week.

The business has an outstanding reputation and in the last year, it achieved annual sales of approximately £237,000 with no advertising.

The main client base is within a 30 mile radius of the premises with the exception of Koi carp sales where customers come from far afield to buy from his extensive range.

It would be extremely difficult to find a matching business anywhere in the UK making this a truly unique proposition for a new purchaser.

A huge investment of both time and money has been made into designing the layout and ensuring the equipment is maintained to the highest standards, with fully systemised tanks including automatic filters with top ups ensuring maintenance costs are kept o a minimum.

We are advised that stocks at cost are approximately £115,000.
REF: 9119SG

Employees: The business is run by 1 full time and 1 part time employee plus the vendor

Trading hours: Mon-Sat: 9.00am – 6.00am Sun: 10.00am – 4.00pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 5 years Remaining lease: 4 Review every: 5 Rent: £40,000 Inc rates.

Location
Our client is ideally located in the middle of an extremely popular large garden centre in Hertfordshire.

The garden centre and the shop can easily be found by the plethora of signage from miles around.

There is a huge car park on site with as much capacity as you could possibly require.

Nearby towns include Cambridge, Royston and Letchworth.

Expansion potential
The business has been operating successfully for over 17 years and accepts that there are many untapped areas where sales and profits could be realistically increased:- 1. By Advertising – particularly in specialist magazines 2. Internet Sales – There are none presently 3. Carry out pond installations 4. Organising finance on the larger items 5. Carry out repairs especially with pumps and motors for the fish tanks

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