• Leasehold Opportunity - Rent of £13,800 PA
• Turnover circa £408,000
• Advised Net Profit circa £58,000
• Full Business Rate Relief
• Extensive Range for Horticultural Products
• 60% Online, 40% In-store
• Industry Growth of 20% per year
A fantastic opportunity to acquire this established hydroponics business, with online sales supported by a shop front in Aylesbury, Buckinghamshire. At the forefront of horticultural technology, this industry is growing by 20% each year.
Specialising in a range of hydroponics equipment and accessories, the business has continued to build its extensive customer base of horticulturists and nutrients range since it began trading 8 years ago. 40% of sales are generated by their retail outlet, with a further 60% coming through their website, Amazon and Ebay.
In addition to this business being at the forefront of an industry growing by 20% each year, there is scope to grow this business’s digital presence further, thereby maximising the e-commerce aspect of the business.
Based on financial accounts up to 31 Oct 18, the total turnover for the year was £408,201, with total net profit recorded at £54,114. The current owner seeks to sell this business to pursue an intention to emigrate.
Leasehold Term:
Leasehold, with 2 years remaining on a 4 year lease, inside the L&T act. Rent of £13.8k PA
Is this business relocatable:
Yes
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