BUSINESS DESCRIPTION
Calling all Angling enthusiasts!!
A super opportunity to mix business and pleasure with this fishing tackle and equipment outlet operating from good size lock up premises in a prime location.
This long established business offers a fine quality range of tackle & equipment for sea and freshwater fishing and is well known amongst the local fishing community as well as visitors and tourists to the area.
The business generates a turnover in the region of R1,900,000 per annum with a gross profit of 55% derived from the sale of sea angling equipment and live bait.
The asking price of R650,000 excludes stock of ± R700,000 (at cost). The coming season is the peak income earning months for this business and after season stock levels return to an average of R400,000.
This business venture represents the ideal opportunity to acquire a well-established and thriving fishing tackle shop in a much sought after and desirable location. Buy now and recover a big share of your capital outlay during the coming peak season!
Kindly contact the mandating Broker for more information.