Profitable Newport Angling & Gun Store with Strong Online Presence for Sale
Undisclosed, Newport
- Status
FOR SALE
- Date Submitted:
14/08/23
- Advert ID
518075
- Reference
13882_H / Rightbiz
- Call Agent:
- Leasehold: £19,900
- Turnover: £60,000 (£1,154 Per week)
- Net Profit: Not Applicable
Business Details
Licensed Angling & Gun Store
BusinessCoGoGo welcomes to the market Pontymister Angling & Guns, For Sale due to our client passing his retirement age.
Starting out as a traditional angling, tackle and bait retailer, our client added the gun and shooting business, thus creating a more solid all year round and less seasonal trade. A wide ranged and well stocked offering, keeping up with all the latest models and desired equipment of its customers, the shop stocks everything from beginner’s level to top of the range carbon fibre fishing rods, tackle, frozen and refrigerated bait, accessories and all things fishing.
The gun and shooting section has an equally wide range of pistols, guns, air rifles, and associated accessories and products including pellets, scopes, targets and gun bags, with prices ranging from the beginner’s level at £100 to professional style £250 plus Remington's and Black Ops.
Extra sales are created by a good selection of ancillary products such as clothing, hunting knifes, archery products, bows and targets.
A fully compliant operation with all the relevant certifications, legislative coverage, and a full gun licence.
A long established business in its location and 1 of the very few remaining of its type in the local area. Benefiting plenty of local, regular and repeat clientele, the business is ideal for any enthusiast of fishing or shooting to continue its successes.
Boasting a decent website www.pontymistertackle.co.uk there is also a further online presence, including a Facebook page.
Although already profitable and run at a pace to suit our client and lifestyle, there will be plenty of organic growth available to increase the annual turnover.
Location
Pontymister Angling & Guns is situated on the main high street of Pontymister, Risca, within the county of Caerphilly, South Wales.
Located in a village high street parade adjacent many other independent local amenities, and complimentary businesses. Striking signage makes the premises easily definable, and there is plenty of free on road parking to the approaches and surrounding streets.
Pontymister is a small village in Caerphilly county, South Wales, with a population circa 12,000 people including Crosskeys and Risca.
The village is served by Risca and Pontymister railway station which has direct train services to Cardiff Central and Ebbw Vale Parkway. Local transport and road links are good, with easy access to the Severn bridge crossing and M4 motorway network. Naturally the surrounds of South Wales and the locality with its rivers and countryside, lend itself to this type of retailing.
Premises
A straight forward and easily managed retail premises of circa 52 sqm, briefly comprising ground floor retail space with counter and servery, rack mount, gondola and shelved displays.
Rear kitchenette, ancillary and staffing areas with WC.
Rear access door to rear yard with parking space.
The premises has full CCTV, is fully alarmed, and has everything that is required from a security relevance to satisfy the authorities and local police from a licencing perspective.
Tenure
We are advised the business is being sold as a Leasehold business opportunity.
Original lease length: Rolling lease term and licence to occupy.
Rent: £562.50 PCM
We are advised that there are currently NO rates payable.
Hours
The business opening hours:
Monday to Saturday: 8.00 am to 5.00 pm
Sunday: Closed
Staff
The business is run by a hands on owner operator, with the help of 1 other member of staff.
Financial Profile
We are advised that the business generates an annual turnover of around £79,000
Contact Agent
Listing Statistics
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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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