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Aquatics & Reptile Centre Leighton Buzzard For Sale

Leighton Buzzard, Bedfordshire
Asking Price:
£80,000
Sales Revenue:
£276,248
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market Fathoms Aquatics, which was established by our client in 1995, who is now looking to pursue a different career.

Fathoms Aquatics is a local business that has a large customer base from near and far, with no local competition, supplying the finest aquatic and reptile supplies. Fathoms Aquatics prides itself in supplying the best fish and marine products and giving a personal service and great advice. The staff are keen aquarium and reptile enthusiasts who take pride in their work.

The business has a 4.8* Facebook rating and over 1980 followers.

A website with three domain names being:
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www.fathoms-aquatics.com

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Fathoms Aquatics is located in Leighton Buzzard within the county of Bedfordshire.

Located on a site next to a main garden centre with many other shops including, beauty rooms, hot tub showroom, airplane simulator centre and car wash, all bringing a high footfall to the area which has an abundance of free parking directly outside.

Premises
Fathoms Aquatics is located at the Leighton Buzzard Garden Centre with ample car parking to the front of the premises.

The shop is entered directly off the car parking area and into the main accessories area. This area has many freestanding and wall mounted displays and shelving. There is also a serving station with till, fridge and freezer for frozen and chilled food behind. The reptile area is also in this section.

The next area is the tropical and marine fish area with 12 x 3 tier tanks and 1 x 2 tier tank. There are 5 further freestanding tanks housing corals, rocks and fish.

To the rear of this area is the pond fish area with 6 x cold water fish pens and a corner fish pond. There is further shelving in this area. This leads to the staff area and the outside area.

Outside area has 2 large Koi and Sturgeon ponds, and also display ponds’.

The staff area has further storage, tea making facilities and toilet, this leads to another outside storage area with storage shed.

Tenure
We are advised the business is being sold as a leasehold business opportunity.

Original lease length: 3 years.
Remaining lease length: 2 years as of 2017.
Rent: £17,000 per annum.

The landlord renews the lease every three years.

Hours
The business opening hours:
Monday - Saturday: 9am – 6pm
Sunday: 10am - 4.30pm

Staff
The business is run and managed by our client, with the help of 1 full time and 4 part time members of staff.

Financial Profile
Fathoms Aquatics generated an advised turnover of circa £276,248 as of the 2016 accounts, with a gross profit of 36%.

Property information

Property:

Leasehold

Contact Information

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  1. What will 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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