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BUSINESS REFERENCE : 1628 / RightBiz EXCELLENT WORM AND FISHING SUPPLIES BUSINESS | | | | | | EXCELLENT WORM AND FISHING SUPPLIES BUSINESS Can be run from home or small garage facility anywhere in the UK All training and industry knowledge passed on to new owner | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Fishing Tackle & Chandlery | | SALE: | Agent Sale | LEASEHOLD: | £49995 | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT WORM AND FISHING SUPPLIES BUSINESS
Can be run from home or small garage facility anywhere in the UK
All training and industry knowledge passed on to new owner
Turnover £140,000 per annum with excellent profit returns
Early interest is highly recommended
Excellent reputation run since 1982
Scope for futher development
BUSINESS ONLY
Location
The business is currently run as a home based business operating from Oxon just north of Oxford however it is totally re-locatable and therefore a new owner would be able to run it from almost anywhere throughout the UK.
Business History
Meridian Business Sales are delighted to offer for sale this very successful home based business which is only now being placed onto the market due to the owners strong desire for retirement.
The business which is run and managed by our clients achieves a very respectful annual turnover of £140,000 derived from the sale of live worms, ground bait, fishing tackle, Crump and Pellets. Most of the products are purchased at wholesale and then re bagged and re labelled with a very good mark-up giving the business its own branded supplies.
The business was founded 26 years ago by our client who set out to grow worms for composting; during this trial work she discovered a particular worm, which was almost identical to the common brandling or tiger worm.
A species called Dendrobena Veneta. After much research it was found this worm was being bred as fishing bait albeit in a small way, our client decided this was a worm that could be beneficial to markets such as fishing bait and composting.
The business has a healthy mix of both commercial and end user customers which contributes to a consistent turnover throughout the year. The business has always enjoyed excellent levels of repeat business and new customers appear regularly provided from good word of mouth referrals and from the very good Internet website which has an automated ordering service.
We feel that this is an ideal business for someone who is looking for something very interesting and totally different. The current owner has kindly offered to give the new owner full industry training and details with regards to the businesses working practices. We feel that this opportunity provides a new owner with an excellent base to build upon and we urge early viewing of this very interesting business.
Financial Profile
Turnover: £140,000pa
Gross profit: 50%
Stock: 3,000 (approximately)
Tenure
Business only
Currently ran from home (re-locatable)
Opening Hours
Hours to suit
Accommodation
The business is currently being ran from a home. It needs a home double garage or similar small unit to be operated from, the price includes the online website, all working tools, labels, contacts and clients. Refrigeration is required for worm storage
Business Highlights
Can be run from home or small garage facility anywhere in the UK
All training and industry knowledge passed on to new owner
Turnover £140,000 pa with excellent profit returns
Early interest is highly recommended
Excellent reputation run since 1982 | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | MERIDIAN BUSINESS SALES | | CONTACT: | 0845 222 0508 | | REFERENCE: | 1628 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
