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Reputable Fishing Tackle & Shooting Supplies Business For Sale

Arbroath, Angus
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Reputable Fishing Tackle & Shooting Supplies Business For SaleReputable Fishing Tackle & Shooting Supplies Business For SaleReputable Fishing Tackle & Shooting Supplies Business For Sale
  • Leasehold: £29,995
  • Turnover: £70,330 £1,353 Per week
  • Net Profit: Not Applicable

Business Details

Business
Please quote reference B06807

Hilton Smythe welcomes to the market an exciting opportunity to acquire on a leasehold basis a very popular and thriving fishing tackle and shooting supplies business.

The business has been under the careful and meticulous ownership of our client for 7 years, building up an excellent reputation within the local area and further afield. The business has only now come to the open market as our client wishes to take well-earned retirement and would like to see the business pass to someone with the same drive and enthusiasm to take the business to the next level.

The business is renowned in the local area and offers a personal service for all things fishing and shooting related and stocks a vast selection of fishing equipment and clothing for every type of angler and also stocks a fantastic selection of baits. The business also offers for sale a selection of sporting shooting related products from guns (both new and used) to all related accessories required.

There is scope to increase the turnover for the business by undertaking a robust marketing campaign, along with further promotion of the business website, along with expanding the retail side of the business to include sales via Amazon and eBay.

This outstanding  business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.

All fixtures and fittings are to be included in the sale of the business.

A tremendous opportunity to own this well-established and popular business, and early viewings are highly recommended to avoid disappointment.



Location
The business is located in a prime trading location on Arbroath High Street (DD11). The business is surrounded by a host of complimentary local businesses leading to a good level of footfall and passing trade.

The population of Arbroath numbers around 24,000, and it has been hailed among the country's most popular commuter towns, with Aberdeen, Dundee & Perth all being within easy reach due to the extensive road networks and superior rail links.

The town is surrounded by breath-taking scenery, championship golf courses, and historic sites such as Arbroath Abbey along with a rich seafaring and fishing heritage, captured in a multi-million-pound visitor centre by the quay.

Arbroath is extremely well serviced in terms of local amenities with a number of educational facilities including primary, secondary schooling along with Angus College of further education, a fine selection of retail facilities, restaurants, independent shops, leisure facilities and the Webster Theatre.

The town further benefits from excellent public transport links via both rail and road making travel to all other parts of Scotland accessible with ease.



Premises
The business is located in a ground floor, traditional retail premises, consisting of a main shop area, with service counter, various racking, and shelving displays and secure rear area housing the gun display area. The business is also fitted with a security system.



Tenure
We are advised the business is being sold on a Leasehold basis with a rolling monthly agreement currently in place, the rent is £600 per month.

New Lease to be granted to a new owner.



Hours
The business trading hours are as followed:

Monday - Closed

Tuesday to Saturday - 09:00am - 17:00pm

Sunday - Closed



Staff
The business is run and managed by 1 full time staff member.



Financial Profile
We are advised the business generated a turnover of circa £100,000 as of 2020 accounts. Further financial information can be made available upon request.

Please quote reference B06807



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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