Detailed financials available on request
The business attracts clients from far and wide, even folk just driving through who have heard of the legends of this angling retailer. Great stories, but all about fish ! Utilising IQ Retail, the administration of the business is functional, and there are credit card facilities. Although the sales staff are excellent, the new owner would ideally be a hands-on manager who can understand trading cycles and the need to maintain stock levels according to supplier lead times. This business does well because it is well-stocked. There are opportunities for growth still, and yet here is a business already showing a solid Return on Investment of 55% or a PE Ratio of 1,82 ! The very reasonable asking price excludes stock of approximately R1,300,000 and VAT.