Business for sale in United Kingdom – United Kingdom – City of London – Ei013-fishing tackle importers & wholesaler to retail trade more than 250 active trade customer accounts-united kingdom

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Business for sale in United Kingdom - Ei013-fishing tackle importers & wholesaler to retail trade more than 250 active trade customer accounts-united kingdom

Asking Price: 895,000 £ Real Estate: Lease
Sales Revenue: 726,000 £
Net Profit: 99,000 £
Year Established: 1989
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/United Kingdom

Business types:

Agriculture, forestry, fishing & hunting

Business categories:

Fishing, Hunting & Trapping ; Other Agriculture

Business description

this well known fishing tackle and equipment wholesaler was founded in 1989 and became a limited company in 2004. The business has gone from strength to strength and developed an excellent reputation for specialising in the wholesale supply of a full range of game, coarse and sea fishing equipment and tackle solely to the trade market. There is an excellent customer base of accounts throughout scotland, northern ireland and the republic of ireland.  the company are direct importers of the comprehensive and growing range of products, supplying between 20-30 brand names making them highly competitive and have excellent contacts in the far east.

 

 this business also markets its own brand names of equipment, which results in strong market presence and customer loyalty. The trade names of these own brands are long established and highly regarded.  with minimal investment these uk and ireland trade names could be applied for globally, enabling international sales. 

 

the business has always enjoyed excellent levels of repeat business and new customers are regularly obtained through word of mouth referrals.

 

the premises are kept well stocked with all the top name brands plus having own brand products, thus ensuring clients requirements can be met on demand. there is always a wide range of stock on the shelf. The staff are highly experienced and have an in-depth product knowledge which assists them in providing excellent customer care to their clients. Staff  keep customers up to date with current offers and new products and services as and when they are available.

 

this business has been established for over 20 years and has built an excellent reputation throughout scotland and ireland, benefiting from a loyal customer base. This is a unique opportunity to purchase a popular, branded and well established business offering an ideal lifestyle change opportunity. This is a particularly attractive purchase as this is the only fishing tackle wholesale business based in one of the territories mentioned above.

 

customer service:

 

the business is proud of the service that is offered to customers and does everything possible to enhance their excellent reputation and good service. The results of this commitment are evident in the degree of return custom and the choice of this wholesaler by new customers over competitors. Customer service is paramount and at the centre of the company’s approach to doing business. In terms of logistics, the key goals for customer service are reliability, speed of delivery, orders delivered complete and product support.  the company excels in reaching these goals and as a result has an unparalleled reputation in the trade. 

 

 

 

key strengths:

 

this distributor of wholesale fishing tackle plus related items has earned an outstanding name for itself by supplying an extensive product range that covers a broad spectrum of price bands.

 

the business sells wholesale tackle to many tackle shop owners and dealers, large and small giving excellent volume discounts and the latest cutting edge developments in tackle available today.

 

the business is long established and very profitable with a strong customer base, which is growing year on year. There is significant opportunity to capture additional volumes of business by developing the website to promote the company’s brand names.

 

growth and expansion:

 

the market outlook for this business is very good. With extra investment the new owner could certainly bring the business to the next stage. Profitability could potentially be doubled as the business is not yet serving the england and wales population and there is limited advertising undertaken. a website is being developed which could include an e-commerce website with automated ordering service.

advertising and marketing:

 

the business hosts five of it’s own annual trade shows and advertises in a national angling magazine where the business receives new product reviews and product placements.

 

development of a simple, user friendly website would be an effective way of attracting new buyers.

 

a full colour 200 page catalogue is produced each year.

 

Additional information

Additional information: Not Disclosed
Support & training: The owners will provide full business familiarisation, training and handover.
Reasons for selling: N/A
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Annual rent is £1,466.00 per month. Rates are £6,000 pr annum.
Location: This business is based on the side of the road located on the edge of a busy village. The premises are leasehold with two years remaining (2013) and comprise of substantial ground floor premises of circa 7,600 sq ft . The premises are self contained with two offices and toilet facilities. Warehousing consists of circa 8,800 sq ft of space including a mezzanine floor. There is potential for a total circa 5,000 sq ft of mezzanine. There is ample parking available. Annual rent is £1,466.00 per month. Rates are £6,000 pr annum. The premises are available for purchase by negotiation.

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