Asking price: £64,500

Sales revenue: £138,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Advent Business Sales are pleased to offer to the market this very well established, family run aquatic business, which has been trading successfully since 1986.

The current vendor has been in constant ownership since its inception and is reluctantly selling due to personal family reasons.

The successful shop has built up a very loyal customer base who return time and time again and generally extend some 50 mile radius.

The shop offers a huge range of both fish and accessories. Cold fresh water fish, tropical fish, salt water fish and invertebrates. A large range of high quality, fast selling products are stocked, including aquariums, decorations and accessories.

Recently the shop was voted one of the best top 20 shops in the UK by the Practical Fishkeeper.

The shop is beautifully laid out and equipped with fully illuminated tanks of fish, décor and displays are of the best.

We are advised that stock at cost is approximately £11,000.
REF: 9271DN

Employees: The business is staffed by 1 part time and 1 full time employee

Trading hours: Mon-Tues: closed Wed-Sat: 10am – 5.30pm Sun: 10am – 2pm

Property: Leasehold

Lease terms
TENURE: Leasehold Original lease: 10 years Remaining lease: 1 year Review every: 5 years Rent: £6,000 P.A. We are advised that the annual business rates are currently: £800

Location
Our client’s aquatic business is conveniently located on a main road within a shopping parade close to the centre of a major North Lincolnshire town. It’s positioning allows it to be a magnet to the local seaside trippers and holiday makers as well as giving it a monopolistic trading position for such a specialist shop for excess of 15 mile radius.

Parking in the area is good. The area is well served both by British Rail and also nearby motorway connections.

Expansion potential
There is massive scope and potential for this business to expand mail order and web site sales, as well as sales of Koi/pond fish at the rear in the unused garden being three major possibilities. It is envisaged that this business would be ideal for a husband and wife team, who share a mutual interest in aquatics

Related documents

		Document