• Wholesale supplier of Fish and Shell Fish to the trade
• Healthy retail trade as well
• Industrial warehouse and office premises
• Excellent commercial location
• High turnover with good profit margins
• Valuable long standing customer base
• Regular repeat business from trade & retail customers
• 3 well maintained delivery vehicles
• Good all year-round trade
• Genuine retirement sale
• Ideal bolt on acquisition for similar expanding operator
Falcon Commercial is delighted to offer for sale this extremely well presented supplier of Fish and Shellfish to both trade and retail customers. The business occupies a prime trading position on a modern industrial estate in one of Dorset’s most popular towns. This well known company was set up un the 1980’s and has been under the proud ownership of our clients since 2013 during which time they have made considerable investment in establishing the area’s premier supplier of fish not only from West Country Ports but from those throughout the UK. It is now being placed on the market as the owners wish to retire. During our client’s stewardship the business has built up an excellent reputation for its good selection of products as well as great service.
Our client’s business enjoys a central trading position and is primarily operated as wholesale delivery business with a fleet of 3 delivery vehicles as well as a having a retail counter which is very popular with local customers. Fresh fish can be prepared to customers’ requirements and a wide selection of frozen fish is always in stock. The business supplies many of the restaurants, pubs and shops in the south west delivering mainly to Weymouth, Honiton, Dorchester and Poole.
This fantastic opportunity is run by our client with help from a dedicated team of full and part time staff. It generates a turnover in the region of £772,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly by running a modest marketing campaign, expanding the delivery area or by extending the opening hours to include Sundays.
This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended
The Premises
Extremely well fitted throughout, and affording easy vehicle access for deliveries and despatches by means of large steel industrial roller shutter doors, these modern, substantial and well maintained leasehold commercial premises provide outstanding and highly functional internal ground floor business accommodation and 1st floor storage which briefly comprises of:
Ground Floor
• 2 Filleting stations
• Retail area
• Office
• Kitchen
• Toilet
• Walk in fridge
• Walk in freezer
First Floor
• Store room
External
• 3 Parking spaces
Business Details
Turnover
• £772,000 Per year
Business Rates
Business rates payable: £Nil
Interested parties should make their own enquiries of the local billing authority to ascertain the exact rates payable or enquiries can be made online at the VOA website www.voa.gov.uk
Stock
The business stock value is: £35,000
Staff
The business is run by the proprietor with help from a dedicated team of full and part time staff who work on an agreed rota basis.
EPC
Commercial Energy Performance rating: TBC
Tenure
• Leasehold.
• We are advised that the business comes with the benefit of a secure 7 year lease of which 6 years remain. Annual rent payable is £6325
Legal Costs
Each Party to bear their own legal costs incurred in the transaction.
Accounts
Accounts will be provided to genuine purchasers after a formal viewing
Viewing
Strictly by appointment with the vendor’s agents, Falcon Commercial, Second Floor Offices, 114/116 High Street Honiton EX14 1JP on 01404 758081
Agents Note
Please remember that selling a business can be a sensitive issue and staff or suppliers may not be aware of a sale at this point. Do not attempt to contact the business directly. Thankyou
Leasehold Term:
We are advised that the business comes with the benefit of a secure 7 year lease of which 6 years remain. Annual rent payable is £6325
Is this business relocatable:
Yes