Aquarium with Cafe and Gift Shop for Sale in Ilfracombe Devon
Ilfracombe, Devon
- Status
FOR SALE
- Advert ID
648644
- Reference
12805 / Rightbiz
- Call Agent:
- Leasehold: £135,000 (Stock at valuation)
- Turnover: £275,000 (£5,288 per week)
- Profit: £89,000 (33% Profit margin)
Business Details
Award Winning & Unique Aquarium with Cafe & Gift Shop North Devon Seaside Town
- Long established by current owners, ever evolving with significant potential
- Highly popular, all weather, family fun and educational attraction
- Prime, enviable location on the harbour pier
- Turnover £275,000 (Adjusted Net Profit £89,000)
- Operated on a seasonal basis between February and November
- Genuine potential with scope for significant further development, in all areas including in particular the catering offer
- Previous/speciality knowledge and experience not essential as vendors will be happy to impart their knowledge and experience to a new owner/s
- First time on the market. Established in 2001 and therefore this year celebrating 25 years!
- Video Tour : Readers are invited to view a virtual voyage of the aquarium and its business by visiting https://ilfracombeaquarium.co.uk/video-tour/ (where the business’s reviews and various other details can be found).
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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.
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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.
Be safe, use a Rightbiz Solicitor
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