Diving School And Retail Outlet Hertfordshire | | Undisclosed Hertfordshire | | HERTFORDSHIRE DIVING SCHOOL & RETAIL OUTLET FOR SALE A/T; £148,352@45% gross margin New diving pool under construction 2,000 customer database, PADI Accredited & member of SITA L/H: £140,000+SAV REF: 9572CM | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 46526
ADVERT IMPRESSIONS : 25,056 TIME(S) | | | | BUSINESS SECTOR: | Leisure / Recreation | | TRADE TYPE: | Recreation Centres | | SALE: | Agent Sale | LEASEHOLD: | £140,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
Bishops Stortford in Hertfordshire
Close to Junction 8 M11 and Stansted airport
Retail premises, office and workshop located on modern industrial estate
HISTORY
Established 2000
Scope and range of products and services developed steadily over last decade
Now offers full service to diving community and a one stop shop
New in house diving pool under construction
REASON FOR SALE
Vendor has re-located outside Hertfordshire
PRODUCTS
Full range of diving equipment:
Suits
Regulators
Masks
Fins
Snorkels
Cylinders
Accessories including:
Cameras
Computers
Watches
Polo shirts
Exclusive agent for Poseidon and Mares in Hertfordshire, Essex and Cambridgeshire.
Member of SITA (Scuba Industries Trade Association)
SERVICES
Full range of diving courses all accredited by PADI (Professional Association of Diving Instructors)
Training undertaken from basic to advanced levels including instructor development
Equipment servicing and repairs, including regulator servicing, cylinder testing, and suit repairs
Very full and regular range of dives and activities for adults, children and advanced divers based in the UK and overseas, including holidays
Full range of equipment for hire
CUSTOMERS
Database of some 2,000 customers
70/30 split in relation to holiday/home divers
SUPPLIERS
Retail stock sourced from a number of main industry players including Mares and Poseidon.
Holidays and diving activities sourced arranged in house or through specialist companies
STAFF
Retail element run solely by vendor
Training run by vendor, assisted by 8 qualified instructors (part time, often voluntary) and 2 assistants (part time)
TRADING HOURS
Shop:
Mon Sat: 10am - 6pm
Diving activities vary
FINANCIALS
Annual Turnover: £148,352
Business is split into 2 limited companies - retail and diving school
Overall gross profit margin circa 45%
PREMISES AND EQUIPMENT
Modern industrial unit comprising
Retail shop
Marble counter
Full electronic point of sale system
Workshop
Office
WC
Kitchen area
Shuttered
Alarmed
Equipment includes:
18 full diving kits
Compressor and tank testing equipment
Renault Traffic 53 plate van beautifully sign written
In house diving pool under construction at a cost
STRENGTHS
Vast range of equipment and services offered
PADI accredited to 5 star standard
A fully functional website
Excellent reputation
New diving pool facility
Proximity to London and M11
Loyal customer base
Expanding leisure market
SCOPE
Increased focus on internet sales and eBay
Exploitation of new diving pool facility
Expansion with additional retail sites
Focus on gross margin
TENURE
Original Lease: 12 years
Lease Remaining: 11 years
Rent: £12,500 pa
Rates: £4,000 pa
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9572CM / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
