Established Hydroponics Business in Lancashire

Blackpool, Lancashire
REF: S06409

Asking Price:
£46,995
Annual Turnover:
£79,000
Annual Net Profit:
£19,602
REF: S06409

Overview

Tenure:
Leasehold
Established:
2012
  • Wide range of equipment
  • Excellent reputation
  • Large niche customer base
  • Prime location
  • Extensive knowledge regarding products

Established in 2012, the business for sale is a well-established hydroponics shop situated in Blackpool, Lancashire.

Specialising in a range of hydroponics equipment and accessories, the business has continued to build its extensive customer base and nutrients range since it began trading 6 years ago.

The team flaunts extensive knowledge about the services offered and their practices. The business is now for sale on a leasehold basis.

The business operates from a spacious unit within an industrial estate. Within the premises, there is a counter and wide range of shelving showcasing the hydroponics equipment, including: light kits, tents, fans, filters, timers, rockwool, soils, plus many more products.

Prices are competitive, and the shop is particularly popular because of its one-of-a-kind products and services.

This is an excellent opportunity to purchase a long-established hydroponics shop with good reputation and huge potential, based in Blackpool.

Despite firm foundations set, there are ways in which the business could be grown further.

A route for expansion would be to increase the stock - with demand for services growing, a larger amount of stock available would accommodate more needs met. A prime opportunity would be to expand the range to retail plants as this would complement the hydroponic equipment perfectly.

This is a venture which presents a potential buyer with a lucrative base in which to continue successfully running the business. The industry as a whole is growing by 20% per annum and this will benefit the retail shop greatly.

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  • Town location
  • Other businesses nearby
  • Minimal local competition
  • Main road access
Rent
£740
Rates
TBC
Lease Term
TBC
Lease Expiry
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Square Footage
TBC
Accommodation Included
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Premises Licence
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Property Value
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Planning
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EPC
C 51-75

Annual Turnover
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Annual Net Profit
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Stock at Valuation
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Accounts
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Trading Entity
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Current Ownership
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Management Structure
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Number of Employees
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