Fishing Tackle Business | | Ilkeston Derbyshire | | FISHING TACKLE BUSINESS - DERBYSHIRE Located amongst shops in a residential area Turnover £60,000 pa with high gross margins | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 37111
ADVERT IMPRESSIONS : 14,154 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Fishing Tackle & Chandlery | | SALE: | Agent Sale | FREEHOLD: | £199,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | FISHING TACKLE BUSINESS - DERBYSHIRE
Located amongst shops in a residential area
Turnover £60,000 pa with high gross margins
Well respected and renowned business
Currently trading on limited openings
5 bedroom accommodation
Genuine reason for sale
Early viewing essential
Huge growth potential
Open to negotiation
FREEHOLD
Location
This well established fishing tackle and accessories business is located in the centre of a large residential area in the popular town of Ilkeston in Derbyshire. The business is situated in a quality position with a good mix of complimentory businesses close by, all of which bring all year round footfall to the area. Ilkeston is a large town northeast of the city of Derby were all of the major retailers can be found in the newly finished Westleigh shopping centre. Ilkeston and the surrounding areas have easy accses via the the M1 motorway and the A52 to the city of Derby were mailine rail can be found.
Business History
Meridian Business Sales are delighted to offer to the market this well established and equipped fishing tackle business that has been in the careful hands of our clients since 1978 and is only now being put on to the market due to our clients desire to take a well earned retirement. Since our client took ownership of the business they have embarked on a full refurbishment program to all areas, upgrading all of the display, slat wall and free standing gondolas culminating in a true walk-in and trade business. Our clients have continually improved and updated the business by offering new and profitable income streams such as the introduction of bloodworm and joker plus rod holdalls, rods, poles and reels all of which have proved popular and profitable to their clientele. Our clients inform us that the current turnover is £60,000 pa with a gross margin of 52%. This is derived from the sale of all things fishing to include bait, hooks, reels, rods and all of the main accessories. The business enjoys a strong local reputation and as such has high levels of loyal and repeat trade. The business is also well known with the enthusiasts and therefore stocks and sells more of a wide variety of products bringing custom from further a field. The all ready impressive turnover is from our client only opening at a pace that suit themselves giving the new owner growth potential by increasing the opening times and the introduction of an e - commerce website. Meridian Business Sales recommends early viewing to fully appreciate the quality and growth potential of this business.
Financial Profile & Tenure
Turnover: £60,000pa, Gross profit: 52%
Stock approximately: £30,000
We are advised freehold
Opening Hours
1st April - 31st October
Monday & Tuesday: 9:00am - 6:00pm
Wednesday: 9:00am - 1:00pm
Thursday to Saturday: 9:00am - 6:00pm
1st November - 31st March
Thursday to Saturday: 9:00am - 6:00pm
Accommodation
Well presented and maintained 2 storey semi-detached property with a ground floor retail unit in its own garden with free local parking and approximately 1,000 sq feet in total sales space.
GROUND FLOOR
Main entrance leading to open plan sales area, large showroom with display and shelving, free standing display gondolas, carpet tiled floor, sales desk with electronic cash register and shelving for storage, glass displays for reels etc, large display area for live bait, shelving and slat wall system to all walls adding further display of fishing tackle products.
Fully fitted kitchen with base and wall units plus fitted appliances. Large lounge with feature fireplace quality carpets and decoration. Garden room with rear door onto the garden patio.
Staircase to first floor
FIRST FLOOR
Large landing with quality carpet and decoration
4 x double bedrooms
1 x family sized bathroom with 3 piece suite and shower.
1 x master bedroom with professionally fitted built in wardrobes
EXTERNAL
Large rear garden on three levels patio and two lawned.
1 x ornamental pond with filtration
1 x outhouse
Free local parking | | | | | | FOR SALE | | | | | REFERENCE: | 2126 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
