Asking price: £125,000

Sales revenue: £200k < 500k

Net profit: < £100k

Fixtures value: £70,000

Stock value: Undisclosed

Business description
This internet retailer of fresh fish was established 9 years ago. The hard work has all been done by the current owners and the business is poised for massive growth. Relationships with suppliers are well-established and the packing, storage and delivery systems are all in place. All the necessary equipment has been purchased. The website is superb and fully functional and the reputation and profile of the business is well established.

Years established: 9 Years

Employees: Owner plus 2 part time

Trading hours: 24/7

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
The business occupies approximately 2,500sq ft which apart from an office is given over to cold storage and fish processing and packing. The current situation is that the business has a monthly licence to occupy the premises at a fee of £500pm. The landlord is keen to grant any purchaser a longer term lease.

Location
The premises are located in a small industrial estate on the outskirts of a west country village and within a few minutes of the motorway network, and close to local fish markets and ports.

Expansion potential
This is a great business with an enviable reputation. It has tremendous potential and would be ideal for someone with an existing food business or for someone keen to develop the business and move into the wholesale sector, or as a bolt on to an existing wholesale business. The opportunity exists for this business to grow rapidly by supplying the restaurant and hotel trade.

Competition / Market
Despite the entry of Supermarkets into the Fishmonger business, they remain unable to supply the quality/freshness of fish due to long supply chains. This business supplies fish and shellfish direct from the boats and local fish markets usually within 24 hours of landing,which competes against the convenience element.

Support & training
Training and technical support are offered for up to three months from the transfer of the business, with ongoing support if required by separate negotiation. The Web site is currently set up for Retail operation, but can be modified to cater for wholesale if required. As the site attracts more than 600 unique visitors a day and good search engine positioning, there is considerable scope for expansion of the business.

Reasons for selling
Owners wish to retire, but would like the business to continue, and are looking for a buyer who can realise the full potential of the business.