Reduced - Specialist Aquatics Retailer with 30 Years of Trading and Loyal Customer Base. Asking Price to Include Stock

London
REF: INT3800

Asking Price:
£86,000
Annual Turnover:
£175,000
Annual Net Profit:
£38,400
Reduced
REF: INT3800
Photo of Reduced - Specialist Aquatics Retailer with 30 Years of Trading and Loyal Customer Base.  Asking Price to Include Stock

Overview

Tenure:
Leasehold
Established:
2019
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Low Overheads

A specialist aquatics retailer serving a broad consumer customer base with fish, aquariums, food, treatments, pond equipment, plants, ornaments and other products for maintaining aquatic life. Trading for 30 years, the company benefits from strong repeat custom alongside new customers generated through its retail location, recommendations and marketing.

Business Highlights
• 30 years of continuous trading
• Specialist niche offering with limited nearby competition
• Strong levels of loyal and repeat custom
• Loyalty scheme encouraging ongoing customer retention
• Customers travel from across the surrounding area, including journeys of up to approximately one hour
• 4.8-star Google review rating
• Competitive reputation supported by knowledgeable, friendly and professional service
• Broad aquatic product range with strong seasonal pond sales
• Additional customer acquisition through passing traffic, social media and local advertising
• Significant scope to broaden both products and services

This represents an attractive acquisition opportunity for an aquatics or pet enthusiast seeking a proven specialist retailer with a loyal customer base, strong local reputation and considerable scope to develop new revenue streams.

Operating from a main-road retail premises in South East London, the shop comprises a long sales area with more than 70 fish tanks, eight ponds, stock shelving, counter, large stock room and rear yard. Seasonal outdoor displays provide additional visibility and selling space.

The operation has three full-time employees, with both owners working regular shop shifts. Daily task lists support the team’s routine activity.

Tanks, cleaning equipment and the till are included in the sale, while stock is available in addition to the asking price. The premises are not relocatable. The owners are happy to remain for an agreed period to support the transition.

There is considerable scope to expand beyond the current store-only model. Developing a website and online sales channel could extend geographic reach, supported by increased advertising and activity across additional social media platforms.

New services could include pond maintenance, aquarium cleaning and customer tank set-up, creating additional revenue streams alongside existing retail sales.

The product range could also be broadened through marine fish, an RO water unit and selected reptile, dog and cat products. Further growth may come from increasing stock depth and making greater use of the premises and yard, with additional staff available to support expansion if required.

Features

Reputation

  • Google: 4.8

Online Presence

  • Facebook: Yes

Website: www.facebook.com/Castleaquatics/?locale=en_GB

Location

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  • Shopping Centre Location
  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Limited Competition

Property

Annual Rent
£16,500
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2029
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
(Exclusive of Asking Price)
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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