Fishing Tackle Shops for sale in Dundee

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John Peacock (Feb 2017)
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Leasehold Price: £280,000 Turnover: £485,762
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Business Description
Business
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a leasehold basis) the exceptionally well run and performing, fishing tackle and sporting guns business with an excellent national reputation associated with a strong and consistent specialist retailer.

The business has only now come to the open market as it’s our clients desire to leave the industry and take well-earned retirement after many successful years of trading.

This family business has been under the careful and meticulous ownership of our client since 2000 and who has grown the business year on year to an impressive level with turnover and profit levels growing steadily.

The business offers a bespoke, personal service for all things fishing and shooting related, and stocks a vast selection of fishing equipment and clothing for every type of angler and stock lines, from manufacturers such as Hardy, Greys, Guideline, Vision, Rio, Diawa and Shimano, and also stocks a fantastic selection of baits.

The business also offers for sale a huge selection of sporting shooting related products from guns (both new and used) to all related accessories required, all of which are held in a secure facility.

The business also offers a workshop / repairs service that is again located on site within a secure facility. Further to the vast amount of stock available the business also has a very good website in place www.anglerschoice.co.uk to promote the business and services offered along with the ability to make online orders and purchases.

We feel that there is tremendous scope to increase the already impressive turnover and take the business to the next level by undertaking in a robust national marketing campaign to generate new business along with the introduction of revised operating hours.

The online presence could also be further developed to offer an online outlet via the likes of Amazon and eBay.

The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger national enterprise looking to increase its position and presence within the industry.

A tremendous opportunity to own this highly desirable turn key business, and early viewing must come highly recommended to avoid disappointment.

Location
Anglers Choice Tackle & Guns is ideally situated and sits within a prime trading location next to the busy Strathmartine roundabout junction right next to the Kingsway, the main arterial route through Dundee heading both North and South.

The business also benefits from being less than a quarter of a mile from the bustling Kingsway retail park with major retailers such as Tesco, Halfords, PC World to name a few.

It further benefits from ample free parking next to the store along with a bus stop almost being right at the front door thus resulting in an exceptional level of footfall and passing trade due to its location.

The city of Dundee is a coastal city on the Firth of Tay Estuary in Eastern Scotland. Dundee is also known as the City of Discovery and has undergone transformation over the past decade and major investment continues in the shape of revitalisation of the Waterfront, spearheaded by the V & A Museum, Slessor Gardens and civic amenities including hotels, shops and leisure facilities.

Renowned for its universities and training hospital at Ninewells, Dundee is also renowned for its cutting-edge design technology within the computer games industry among others.

The city is very well serviced in terms of local amenities and transport links to all other parts of the UK via rail, road and with direct flights to London City via Dundee Airport.

Premises
The business currently operates from a purpose built, retail unit in a prime trading location within the city of Dundee, Scotland, and extending to 3565 sq ft, that has in recent years benefited from significant investment to bring it to the high standard it can be found in today, and briefly comprises:

Front shop area

• Large service counter
• Payment point
• 3 free standing rod displays
• 2 large bait freezers
• Chillers
• Comprehensive wall mounted racking
• Display system

Main /Upper Level

• Full length display & racking
• Various centre display stands
• Secure firearms display cabinets
• Gun sales counter area
• Wall mounted display area
• Further secure storage

Extensive clothing department

• Perimeter racking
• Centre display stands for clothing and foot ware stock

Secure workshop area located to the rear of the premises, with large storage area.

Various further storage areas within the premises.

Large office area with further storage and W/C.

Secure off-street parking

Gas heating

Equipment includes:

• Epos system
• Various computer equipment
• Extensive CCTV system
• State of the art alarm
• Security system
• Workshop equipment
• Specialist tooling
• Various display racking and stands

The business further benefits from having an informative website in place to showcase the products & services on offer along with generating an impressive level of new business enquiries.

The client mentions that there is scope to develop this further with an online shop for core products.

Tenure
We are advised that tenure is offered on a lLasehold basis.

10 year lease at £24,000 PA.

Hours
The business currently operates:

Monday - Saturday 9.00 am to 5.30 pm

Sunday 10.00 am – 4.00 pm

Staff
The business is run and managed by the current owner, with one full time and two part time staff members.

Financial Profile
Accounts will only be made to seriously interested parties post viewing.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04249
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