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8819WS WALSALL L\H£65000 KOI CARP AQUARIUM & POND SUPPLY COMPANY

Asking Price: GBP 65000
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Business Location: United Kingdom » Walsall » WALSALL 
Category: Retail » Home Furniture & Garden
Description:
THE BUSINESS
Advent Business Sales is pleased to offer to
the market this well established aquarium
and pond Supplies Company, which has been
in our clients hand for the last two years.
The owners are reluctantly selling due to
major health problems with one of the
partners.
Within a good radius of influence, this
company is monopolistic in what it offers.
The business gives a complete service from
discussion of pond size and requirement, to
survey, quote, execution of job, stocking of
pond and maintenance.
The key product is Koi Carp. The company
has many of these displayed for sale at
varying stages of life and size, also water
pumps and UVC purifiers, filters, algae
clearance products, foods, health
preparations and much more but all related
to the beautiful Koi Carp.
The company has a successful eBay shop and
advertises in local papers and Koi Carp
magazines.
Reliable sub contractors under the owner’s
supervision carry out heavy work.
Stock at cost is approximately £6,000 for dry
goods and £9,000 for live fish.
STAFF DETAILS
Two full time employees staff the business.
TRADING HOURS
Mon: closed
Tues – Sun: 10.00am – 5.00pm
EXPANSION POTENTIAL
Turnover is forever increasing due to the
high standards executed by the present
owners.
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £120,000 projected
for 2008
Gross Profit: 40%
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Located in a large ‘barn’ with a doorway off
centre, to the rear of the building are seven
very large fish holding tanks, to the right
two extra large holding tanks for the bigger
fish.
These are all hooked up to a top of the range
pump and filtration system. Just inside the
doorway is a desk and till with sales
shelving down two sides.
Excellent car parking outside the business
main doors.
TENURE: Leasehold
Original lease: open and flexible
Remaining lease:
Review every:
Rent: £700 per month
We are advised that the annual business
rates are currently: £813
 
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Financial Information:  
Annual gross sales: (GBP) 120000
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 2006
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 2FT
No of trading hours: Tues – Sun: 10.00am – 5.00pm
Reasons for selling:
The owners are reluctantly selling due to major health problems with one of the partners.
Market competition and expansion:
Turnover is forever increasing due to the high standards executed by the present owners.
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