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Well Established Boat Builders For Sale.

Woodbridge, Suffolk

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Archived

£110,000 +SAV

Ref: B05934

Business Only

Overview

Please quote reference B05934

Hilton Smythe are delighted to present to the market Pondlife Workshop, a thriving bespoke rowing boat and canoe builders. The businesses growth is one of the main reasons he is looking to sell as he would like to enjoy other business interest and spend more family time.

Pondlife is a growing business offering the following individual boats/canoes –

  • Angler Dinghies
  • Boatman Dinghies
  • Workman Dinghies
  • Tradesman Dinghies
  • Dinghy Accessories
  • The Pondlife Playboat
  • Canoes and Kayaks
  • Garden Features
  • Rowing Boat Hire
  • One off Commercial Projects
  • Licenced Dealers of the Riber brand of canoes & kayaks
All the boats are built to last, with an eye for design.

The ‘Made to Order’ watercrafts are made with a bespoke finishing option to ensure each boat is both distinctive with an unforgettable profile.

Boats are carefully made form the keel up from high quality marine grade fibre glass, with American white oak trim for dinghies.

14ft fibreglass canoes are made individually to an exceptionally high standard (available in 3 colours). As well as their own hand-built boats, the business is a proud dealer of the Riber brand canoes and kayaks.

Boat hire – a choice of boats are available for photo shoots or special occasions (weddings or editorial projects).

Garden features – include fibreglass boat planters, fish tank tables, fibreglass vegetable planters, feature dinghies.

The demand for the ranges offered now exceed the working capacity of our client who informs us a lot of work is turned away.

Our client invested in a new Marketing campaign when they re-located which included paid Google Ad words/SEO to boost new enquiries, this is clearly shown in the number of new customers and orders.

Other platforms of advertising include –

  • Excellent own website
  • Active Facebook page – over 200 followers
  • www.yell.com
  • www.pinterest
  • www.uksbd.co.uk
  • www.bark.com
  • Twitter.com
  • Woodbridge.cylex-uk.co.uk
  • www.evenbrite.co.uk
  • Beamstart.com
  • www.startus.cc
  • www.yelp.com
  • www.192.com
  • Allevents.in
  • www.mylocalservices.co.uk
There are 5-star customer reviews on both Google and Facebook

We are also advised there has been a surge in the demand in range of Canadian canoes & kayaks gained through a new supplier. Any new owner would significantly see an increase in sales by further developing this side of the business.

Pondlife Workshop is also experiencing an increase in demand due to people spending more time at home and enjoying short breaks to water locations. What had been a more part time pastime for few, people are enjoying the hobby of boating and canoeing with their families/friends.

We advise any new owner could take this exciting business to the next level and have the ability to double the existing turnover if they wished.

Investigating any of the following areas would instantly benefit –

  • Increasing the number people creating the boats
  • Attending more boating shows and events
  • Increasing the range of canoe & kayaks
Our client will offer an agreed business handover to enable the smooth transition of the business.

Any interested buyer will not need extensive direct experience in this sector.

Turnover
Please quote reference B05934

As of the 2020-2021 accounts, the business generated an annual Turnover of £152,000.

We are advised the first quarter of 2020-2021 have already achieved £60,000 with a predicted annual turnover in the region of £120 -£140,000,

The Operating profit should normally achieve between 50-60% of annual Turnover.

The business is run and manged by our clients only.

Our client works varied hours pending on the workload/customer requirements however as expected in this sector the busier months are throughout the summer.

Pondlife Workshop is currently run from our client’s home in Suffolk however this exciting business opportunity is fully relocatable pending any new owner’s location needs.

90% of the work completed is delivered via courier allowing full flexibility.

All Moulds for the ranges will be included in the sale.

Tenure
Business Only

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