Profitable Fishing Equipment - Garden Route

Western Cape

R 1 120 000

Financial Information

Detailed financials available on request

Seller Handover

Perfectly positioned fishing store!

There is something really exciting about entering this well-stocked angler's delight! Almost the same as feeling that bite on the bait! An extremely well organised retail store, the range is huge: Fresh and salt water angling necessities, big rods "n reels to little rods "n reels, knives, useful tools and of course the bait as well, all enticing the excited shopper into the net! No effort is spared by the owners who will swivel around to make sure their client remains hooked, to be landed again and again. Perfectly positioned with ample parking, the store is an icon in the small coastal town. The smell of the sea completes the shopping experience for Dads and Mums, daughters and sons alike as they contemplate which lure will land the big one! Profits are up 40% to Feb 2017, on the back of an 18.8% increase in turnover. Stock control is via the IQ Retail point of sale system allowing for good management of working capital. Marketing activity is with listings on various websites, and the signage is immediately attractive. The buyer would need to be passionate about angling. The asking price excludes vat and stock which varies around R1,000,000. This could be reduced to fit the buyers capital budget.