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TK WATERSPORTS is Plymouth’s most popular kayak and paddleboard hire service, seeing growth of more then 25% year on year since the business launched ten years ago.
Due to ill health, the current owner, TKL Leisure Ltd, is now looking to sell the business as a going concern and includes both TK WATERSPORTS branded vehicles, all kayaking equipment including
7 Islander Calypso single seat kayaks with high back comfort seats,
1 Wavesport Scooter Gemini double seat kayak with whiteout high back comfort seats,
2 Aztron double chambered paddleboards with fins, pumps, paddles, leashes, and carry bags,
9 Palm paddles of assorted lengths,
Over 25 assorted Palm buoyancy aids,
Over 10 assorted Palm cags,
4 TK exhibition flags, with poles and bases,
10 dry bags for customers to use,
1 2011 Nissan Juke Ascenta Sport 1.6 petrol 5 door car with roof bars and tow bar
1 2010 Nissan Qashqai N-tec 1.5 turbo diesel 5 door car with roof bars and tow bar and full customised digital entertainment system.
1 Road going trailer suitable to hold the single seat kayaks and paddles,
Full business presence on Facebook, and other social media sites,
Fully setup online card processing payment and booking system including hand held terminal with square.com
Fully setup business bank account with Starling Bank
Fully setup limited company, Jetscene Ltd, already registered at Companies House, you simply become a director and change the registered office to your address, with the current owner standing down as a director.
Full assistance from the current owner in your first 12 months,
Introduction to the accountants the current owner uses.
In 2021 the turnover was over £37,000 with a net profit of £23,000, this was a growth of 26.6% on 2020. The handover of the business to the new owners will be seamless with most of the work already done for you. All that needs doing is Companies House work and registering your details with square.com, godaddy.com and Starling Bank.
The current owner has already set up Jetscene Ltd, a company ready for you to take over, with business bank account with Starling Bank in place. Jetscene Ltd is currently dormant at Companies House. Both the Nissan Juke and Nissan Qashqai are fully liveried and have long MOT’s with the Juke just been MOT’d. The card processing account and terminal with Square.com will be transferred to Jetscene Ltd with you being the new owner. All the stock and vehicles are currently fully owned by TKL Leisure Ltd with no leases to worry about. These will transfer to your company Jetscene Ltd upon completion of the sale. The current team of staff are ready to assist you as well.
The current owner will show you the ropes, and assist you in your first few months until you find your feet.
Your only expenses in running the business is your Corporation Tax, staff wages, business liability insurances, monthly storage costs for the unit at Westcountry Storage (optional), fuel and insurance for the vehicles, Road tax, website costs, and of course your own drawings.
Asking price all in for the business is £30,000, no VAT is applicable.
The asking price is made up of
TWO VEHICLES - £5,000.00
ALL KAYAKING AND PADDLEBOARDING EQUIPMENT - £7,500
SALE OF TK WATERSPORTS ITSELF, CUSTOMER BASE, GOODWILL ETC - £17,500
Copyright © 2014-2021 TK Watersports™ - All Rights Reserved. No unauthorised copying, storing, duplicating or alike of any part of this website is permitted.
TK Watersports™ is the trading style of Jetscene Ltd.
TK Watersports is a trademark of TKL Leisure Ltd (who owns the brand).
TKL Leisure Ltd and Jetscene Ltd Director - MR. D EVANS
TKL Leisure Ltd is a Company Registered in England and Wales - Company Registration Number 11491621
Jetscene Ltd is a Company Registered in England and Wales - Company Registration Number 13422267
Registered Office - 12 Gloucester Court, North Cross, Plymouth, Devon PL1 5EJ
TK Watersports™ operates in other locations through Franchisees, who whilst operate under the TK Watersports brand, franchisees are independent of TKL Leisure Ltd, and Jetscene Ltd
Islander® and Palm® are Registered Trademarks of Palm Equipment Europe Ltd. Wavesport® is a Registered Trademark of Gaybo Ltd. Jetski is a Registered Trademark of Kawasaki Heavy Industries Ltd. Sea-doo is a Registered Trademark of BRP Bombardier Recreational Products Inc,
MESSAGE FROM OUR CEO
During this recent crisis with COVID19, TK Watersports like many other businesses, have evolved, partly thanks to grant funding received. We can now offer many more activities in more locations through our trusted network of franchised providers and operators. This is in addition to our core services offered by ourselves in the Devon & Cornwall area.
I’d like to thank those franchisees for coming onboard the TK Watersports platform and look forward to a rewarding year ahead.