Highly Profitable Aquaitc Centre
Price:
Leasehold - £220,000
Business Type:
Retail businesses
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
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
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £237,000
Gross Profit: £135,000
Adj. Net Profit: £46,000
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
Please complete the attached confidentiality agreement to ensure a prompt response to your enquiry
Disclaimer:
Viewing is essential to fully appreciate this business and strictly by appointment only through the agents.
N/B:
All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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.
Mon-Sat: 9.00am – 6.00am
Sun: 10.00am – 4.00pm
A large ground floor premises with the added security of roller shutter doors to the man entrance and with a 6 camera CCTV system
Ground Floor
• Front entrance via the garden centre into the sale area, Till and counter on the right
• Chiller with fish food to the rear
• Extensive range of hardware
• Approx 120 show trophy tanks arranged 3 high with safety guards
• 5 show tanks
• 12 quarantine tanks
• 3 large Koi carp tanks
• Bronze water features
• Aquarium plant displays
• Office to the rear
• Large outside display of ponds, plants and associated items.
• Shared W.C with garden centre
Excellently presented throughout which can only be appreciated by viewing.
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