Location:
Warwickshire , West Midlands
Business Type:
Retail businesses
This is a managed business, established for in excess of 20 years, and under the current ownership for the last 7 years, with an impressive reputation in the market place. The business is offered for sale through The Business Partnership due to other business interests of the owners and would readily suit a new enthusiastic owner willing to get heavily involved in the day-to-day running of the business.
The main element of trade is fishing tackle, stocking all of the major brands including Abu, Maver, Drennans, Sensas, and many more. In addition to fishing tackle and accessories, the business retails winter clothing and ammunition. There is potential to develop into associated lines, such as pet foods. The turn-over for the last financial year was £138,000 a gross profit margin of 30%. Included in the sale are a bait fridge, separate counter fridge, the company name, contact details, associated trademarks and trading accounts with all the major brands.
Our Opinion: A long established business with the kind of reputation in the market place that stands a new owner in good stead to continue the excellent work carried out over the years. Turn-over has dropped slightly in recent years and the owners strongly believe that an injection of new enthusiasm for the business from a purchaser together with additional marketing effort would readily increase the turn-over again.
Currently outgoing rent payable is £7450 per annum on a renewable lease, to August 2013. The landlord would consider negotiating a new longer term lease with a purchaser should this be required.
9am to 5pm, Monday to Saturday
North Yorkshire
£ 750,000
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Business Services that may be of Interest:
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