9144sl Fh Angling & Reg'd Fire Arms Dealer £299,950 Or L/h £99,950 Berkshire | | Undisclosed Berkshire | | BERKSHIRE ANGLING & REGISTERED FIRE ARMS DEALER Est 35 yrs, Prominent trading position in Affluent area Good product mix W/T: £2,461GP: 40% Genuine scope to expand FH: £299,950 + SAV, or LH: £99,950 + SAV, REF:9144SL | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 26757
ADVERT IMPRESSIONS : 40,481 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Fishing Tackle & Chandlery | | SALE: | Agent Sale | FREEHOLD: | £299950 | LEASEHOLD: | £99950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Our client has an excellent high visibility location on the end of a small parade of shops on a main through road of a very affluent and popular town in Berkshire. Other nearby businesses include a newsagents, bookies, café, soft furnishings and a pub.
The nearest competitor is over 10 miles away. Free of charge parking is available nearby in the local streets.
Nearby towns include Slough, Maidenhead, Windsor and Staines. The area can be approached by either the M4 or M25 motorways which give excellent road links to the nearby counties.
THE BUSINESS:
Advent Business Sales are pleased to have been instructed to offer to the market this extremely well established and popular angling business with excellent future potential.
Founded by our client 35 years ago, the business is only now being reluctantly offered for sale as he wishes to retire.
Whilst the business sales are predominantly centred around coarse fishing equipment, it also carries good stocks for both fly and sea fishing. In addition, he is also a registered fire arms dealer, stocking air rifles and pistols as well as a range of accessories.
He also has a good range of clothing and has fresh bait. He is the only business locally which is able to sell fireworks the whole year round and also offers a range of pet food, wild bird food and a small amount of hay and straw for bedding.
Operated by the vendor full time with the assistance of a part time employee, who works approximately 1½ days a week, the business has a large loyal customer base and attracts new customers via word of mouth and by advertising in Yellow Pages and via Yell.com.
We are advised that stock at cost is approximately £35,000.
This is an ideal opportunity to acquire an established and profitable business where a new owner is able to turn up on day one and operate successfully immediately.
REF: 9144SL
TRADING HOURS:
Mon-Sat: 9am – 5pm
Sun: 9am - 12
EXPANSION POTENTIAL:
Although already a thriving business, there is still excellent scope to increase sales and profits further by:
1. Having its own website with interactive sales
2. offering fishing holidays both in the UK and overseas
3. Expanding the product range in the pet area
4. Opening earlier in the mornings – especially in the summer
5. Being able to offer tuition to beginners
6. Increasing the top end rod selection
FINANCIAL INFORMATION:
We have been advised by the vendor of the following:
Annual sales: £128,000
Gross Profit: 40%
Accounts will be made available to interested parties after a viewing has taken place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES:
Large ground floor lock up premises with the added security of having a roller shutter to the front of the premises, steel doors to the rear and with a 3 camera CCTV system and briefly comprises of:
Ground Floor
• Window display with side entry door into the main sales area and a well stocked pet area and central gondola
• Remaining 85% of the shop is taken up with an excellent range of rods, accessories, clothing, bait (freezer) and almost everything an angler should need
• Till and rifle display is towards the rear of the shop
• Back store with 3 double steel cabinets for storage of fireworks, 2 bait freezers
• Rear kitchen and w/c
• Back exit to parking area with space for a single vehicle
The business is offered as either a freehold or a leasehold to suit the purchaser.
The vendor also owns the large one bedroom first floor apartment which is fully double glazed and has electric heating. It comprises one bedroom, large lounge, kitchen, bathroom with shower over, separate w/c.
This could be available to rent or to buy by separate negotiation at current market values.
TENURE: Leasehold
Original lease: 12 years
Remaining lease: 12 years
Review every: 3 years
Rent: £15,000 P.A.
We are advised that the annual business rates are currently: £600 | | | | | | FOR SALE | | | | | REFERENCE: | 9144SL / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
