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Well Presented Fishing Tackle Opportunity For Sale

Upminster, Essex
Asking Price:
£258,000
Turnover:
£245,000
Net Profit:
Available on request

Business
Ockendon Bait And Tackle has been established for over 15 years.

The business provides a superb spectrum of fresh baits; from worms, maggots and dead baits and a wide range of angling and fishing equipment such as rods, nets, tools and reels to various consumables like hooks and rigs.

Potential to grow the business further by opening later at weekends and developing an e-commerce site.

The stock value is £190,000 which is included in the sale.

Location
This business is located at Puddledock Farm Fishery which is on the outskirts of Ockendon in Upminster, Essex, with easy access to the M25.

Being located at a fishing farm with ample free parking, it gives this business the ideal location.

Premises
As you enter the premises you are greeted with a large array of fishing equipment from live bait to waders, at the entrance to the right is the counter where the till system is situated.

To the rear right-hand side of the property there is a newly installed cold room which houses the bait and to the rear left-hand side of the property is a modest kitchen area and toilet.

Premises area: 83.37 M2

Equipment:
? 2 x Upright Fridges
? Tabletop Fridge
? Chest Freezer
? Racking
? Till System
? Cold room
? CCTV x 4

Tenure
This business is a leasehold opportunity, with a new 10 years lease.

The rent is £6,000 per year with no rates payable.

Hours
Monday - Saturday: 7am-4pm
Sunday: 7am-9am

Staff
The 2 owners are currently staffing the business.

Financial Profile
The business is currently turning over £244,500 with a Gross Profit of £51,000 and net profit of £17,300.
SAV totals £190,000.

Property information

Property:

Leasehold

Contact Information

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  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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