Asking price: £125,000

Sales revenue: £250,000

Net profit: < £100k

Fixtures value: £68,000

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.

The opportunity exists for this business to grow rapidly by supplying the restaurant and hotel trade.

For the last nine years the vendors have concentrated on supplying the retail market with fresh fish. Customers order either on-line or over the phone and pre-pay for their delivery. Once customer orders are taken the business purchases the fish to order from a number of fish wholesalers. The business carries virtually no stock. Almost all fish is pretty much straight off the boat and the business prides itself on the very high quality and freshness of its produce. The wholesalers deliver the fish to the business' factory in the west country where it is packed in ice in thermal boxes and sent out to the customer by same day courier service.

The factory is well established and quite capable of processing significantly higher volumes. 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. 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.

The business supplies all types of fish including live lobsters and delivers all over the UK.

The husband and wife owners run the business with the help of 2 part time staff who work Tuesday to Thursday, one of them also works a half day on Monday.

The business' website has been refined over the years and is always at the top of search engine requests. It is very easy to navigate and equally easy for shoppers to by on-line.

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.

Years established: 9 years

Employees: 2

Relocatable: This business can be relocated.

Property: Leasehold

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