Here is an excellent opportunity to acquire an extremely profitable South Hampshire fishmongers.
The business is on target to achieve just under £1 Million this year based on the phenomenal year on year exceptional growth that the company is experiencing.
The business supplies both fresh and frozen fish as well as its own smoked products and shellfish of the highest quality from exceptional carefully selected local and national suppliers.
The business currently supplies both the trade and the public.
The business operates from premises that are located in an area that is integral to the phenomenal growth of the business and therefore the business is being offered on both a leasehold or freehold basis. The value of the property is estimated to be £400,000.
The company achieved a turnover of £850,000 over a 14 month period due to a change in the tax year, which represents an average monthly turnover of over £60,000 or £730,000.
For the first eight months of this year, the turnover is in excess of £650,000 showing a 34% increase in turnover from the same period last year putting the business on track to achieve a turnover of just under a million in the current financial year and an estimated profit of £180,000 before tax .
The stock will be sold at valuation.
The reason for the sale is due to the retirement of the owner.
The basis of the sale will be on a debt free/cash free basis.
There will be a reasonable handover period
