Summary
- Asking price:
-
£360,000
- Sales revenue:
- £181,284
- Net profit:
- £47,000
- Years established:
-
- Employees:
- Owner full-time, full and part-time assistants. The employed staff wages bill is approximately £24,000 p.a.
Business description
The business is situated in a busy Somerset seaside town, close to other local amenities, and a short distance from the main shopping thoroughfare. The shop occupies a corner site, with a four bedroom house to one side and above. It is well established and has a good customer base.
On the same road a short distance from the shop is a warehouse with holding fish tanks which enables the business to operate both as a retailer and a wholesaler. Tropical fish are bought from overseas suppliers and either sold in the shop to retail customers or distributed to other pet shops in the area
Property information
- Property:
- Freehold
- Living accommodation:
- Access to the accommodation can be gained through a door at the rear of the premises, but normally access is gained through the separate front door to the left of the shop.
The property consists of a hallway, sitting room/dining room and kitchen which was recently refitted. The stairs, under which are cupboards, lead to three good size double bedrooms, with double aspect windows and a single bedroom.
The spacious family bathroom was recently refurbished and contains a bath, separate large shower and toilet. The walls are tiled in black and white with an off white tiled floor.
The loft space is immense and if fully boarded and could be used for additional bedrooms.
- Location:
- THE SHOP
Entering the shop on the left hand side are fish tanks, and on the right hand side associated products are displayed. The walls are wood panelled, the ceiling white and there is ample fluorescent lighting. The counter is at the far end and a door on the right leads to a second area containing further fish tanks, increasing the total number to ninety five.
Other information
- Support & training:
- Owner will work towards a seamless transfer is acheived.
- Reasons for selling:
- Change of circumstances forces sale
- Trading hours:
- Monday to Saturday 9 am to 5.30 pm
- Financing available:
- Apply Lakey & Co