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Beautifully Designed and Built Tropical Fish Store

Visalia, CA
180 gal. Reef Aquarium
180 gal. Reef Aquarium
Asking Price:$280,000
Rent:$1,677/Month
Gross Revenue:$350,000
Established Year:1998
Listing ID: 2046446Listing provided by BizBuySell
BUSINESS DESCRIPTION

Sold With the Store's Aquarium Service Company

Beautifully Designed and Built Tropical fish Store, being sold with the store's Aquarium Service Company. Located in California's Central San Joaquin Valley, in Visalia, one of the fastest growing areas in California, with affordable homes. The Ultimate Aquarium is the only dedicated Tropical Fish Store for 60 miles in any direction.
Now in business for 24 years and is the premier store in the area. The store is 1250 sq/ft, and was just rebuilt 3 years ago. Located just off the freeway in a shopping center with lots of parking and easily accessed from the freeway.
Specializing in Marine Fish and Corals, handpicked from the finest distributors in Los Angeles. Also available is a wide selection of Freshwater fish and plants.
The Ultimate Aquarium has a large customer base, drawing in customers from more than 100 miles away. Excellent reviews.
The Aquarium service company services about 40 clients, and averages approximately 10K per month in income by itself. The store is beautiful, with Formica-covered displays, all acrylic aquariums, custom designed filtration systems, and an exquisite 180-gallon coral reef display! Slat wall covered walls and designed to appeal to customers' ease of shopping. This is not a "garage set-up" store.
After 50 years in the industry, the owner is now ready to retire. Great Opportunity!

DETAILED INFORMATION
Location
Visalia, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,250
Lease Expiration
01/06/2025
Employees
3
Facilities
Included are (9) custom designed formica covered display systems, with 36, 45 gallon acrylic aquariums with custom designed wet / dry trickle filters. An exquisite 180 Coral Reef Showcase Aquarium. A 150 gallon aquarium for holding live rock inventory. Beautiful slat wall displays for dry goods. A front counter with shelving. Flooring is only 3 years old. A R.O./ D.I. tap water filtration system with (2) 100 gallon polyethylene tanks. A refrigerator/ freezer. Nice office furniture and office. A store vehicle (Van).
Competition
The Ultimate Aquarium is the only dedicated Tropical Fish Store for 60 miles in any direction. Located in a shopping mall with lots of parking just off the main freeway in Visalia.
Growth & Expansion
Visalia and the Central Valley is one of the fastest growing areas of California and is one of the few areas with affordable homes. Have had a number of new customers from Northern and Southern California move to this area. At some point in the not too distant future, the high speed rail will connect the Valley to Northern and Southern California bringing many, many new customers. Can increase store's revenue by more aggressively advertising the Aquarium Service Company. Can develop an online store to increase the store's revenues.
Financing
Financing available for qualified buyers
Support & Training
Can offer a month of on site training. Will take buyer to Los Angels and reveal all the best places to buy Saltwater Fish and Corals. Will introduce buyer to all the contacts made over the last 40 years
Reason for Selling
After 50 years in the industry, it is time to retire.
BUSINESS LOCATION
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Marc Pietroforte
Phone Number
Marc Pietroforte
Call Phone