Monday 4 March 2024
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Nottingham

West Bridgford fishmonger and seafood business for sale

The popular Paulo’s Seafood on Melton Road in West Bridgford is on the market.

It’s thought that a fishmonger has been on this site on Melton Road since around 1917.

Current owner Paolo has operated the current fishmonger’s shop since October 2009.

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We met Paolo today Tuesday 18 April at the store, he said:

‘When I took on the fishmonger’s premises on Melton Road, it was already an established and respected business.

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‘Using my training as a cook, and twenty years of importing fish from all over the world, I have spent the last fourteen years developing the business; extending the range of seafood offered, forging relationships with new suppliers in order to guarantee the quality, consistent, responsibly caught fish at sensible prices.

‘We also supply an ever-increasing number of Nottingham’s more discerning restaurants, hotels and pubs due to our reputation for consistent quality.’

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Paolo wants to take semi-retirement now, that’s the reason for the sale.

Paolo added: ‘It’s been an enormous pleasure to serve the community here, many customers are regulars and come by every week.’

The business is for sale at £165,000

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The sales particulars read:

‘A rare opportunity to acquire a long-established fishmongers and seafood supplier.

‘The premises are situated in a parade of shops in an affluent area, just off a busy main road with healthy amounts of footfall and on-road parking outside.

‘Annual turnover £950,000 year ended December 2022.

‘Trade supplies such as well-known local restaurants accounts for up to 75% of the revenue with the remainder being consumer retail sales from the shop.

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‘The owner is assisted by a full-time member of staff and two delivery drivers and two vehicles.

The potential exists to grow the revenue by expanding the trade supply side of the business.

‘The business premises comprise semi-detached shop premises with the main retail area with chilled displays, an auxiliary kitchen with a walk-in refrigeration unit, office area with a walk-in freezer unit.

‘Upstairs is mainly used as storage across three rooms and a staff WC. Outside there is a yard for bin storage.

‘Three garages and off-road staff parking.

‘Stock £10,000.

Contact Ernest Wilson Business Agents

Also read: Popular West Bridgford coffee shop and eatery business for sale

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