Established Fishing Tackle Shop In St Austell For Sale Ref 2085
Location This delightful business is located in the vibrant town of St Austell which is one of the largest towns in Cornwall. The town offers a variety of blue chip and complimentary independent retailers and has benefited from significant investment in recent years including the Asda Superstore, White River shopping centre and the up and coming development of luxurious apartments at Carlyon Bay. It’s in close proximity to the famous Eden Project and is just 10 miles from Bodmin.
Business information Asking Price: £28,950 Turn Over: £102,108 pa gp: £33,194 (32.5%) Stock value: £30,000
Leasehold Original term: 16 years Remaining: 4 years ( New lease available) Rent: £8,800.00 pa Rates: £1,000
Business Details Veritas Business Sales are delighted to offer for sale this respected Fishing Tackle Shop business which is located just outside St Austell town centre. The business was established by my client back in 2005 and has been in their careful hands ever since and is only now being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually invested in fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is currently owner operated and requires the help of just 1 casual member of staff and has an annual turnover of £102,108 with a gp of (32.5%). Lowen Chy Angling stocks top quality leading brands and offers an extensive range of products to include reels, fishing rods, frozen & live baits, clothing and accessories along with all the necessary equipment that any fresh water or sea fisherman would need. We believe that there is potential to increase turnover by adding an e-commerce website for online sales, promoting on social media sites and maybe implementing a marketing campaign. The business already enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passing tourists. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Ground Floor Retail comprising: Various fully fitted retail display units, 6 rotary display stands, various fishing rod stands, sales counter, electronic till, white fridge (Knight), upright stainless steel fridge (Caravell), white fridge (Zanussi) and a white fridge (Bosch) Store Room with various shelves. Kitchenette with work surface, shelving and kettle. Second retail comprising: Various fully fitted retail shelving, various rotary display stands and a mirror Store room with various shelving. Office comprising: Computer with screen and key board (Dell), desk, chair and CCTV monitoring equipment W/C and wash hand basin
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