Garden & Pet Food Centre For Sale

Business description

Summary:
Established over 46 years ago and under the current ownership for the past 24 the business offers a good range of bedding plants, fences, composts, bird tables etc., garden tools, sundries, pots planter etc., pet foods and pet accessories. The customer base is comprised from many regulars that travel up to ten miles and there are also twenty account customers that all pay promptly. Virtually no advertising is carried out.

Turnover:
Accounts to 31/12/06 show a turnover of approximately £135,000 with a gross profit of 24%, however we are informed that the turnover has now risen to approximately £150,000 with a gross profit of 29% which should be reflected in the next set of accounts.

Potential:
There is potential to extend the opening hours.

Stock:
To be purchased separately at valuation: approximately £10,000.

Rates:
Rates payable of £1,300 including small business relief.

Legal Fees:
Vendors and purchasers to meet their own contractual costs; purchaser to meet the reasonable costs in establishing any new lease.TENURE: Leasehold

Property information

Property:

Leasehold

Lease terms:

New lease available with rent commencing at £6,000 pa, term to be agreed.

Location:

Internal area of approximately 658 sq ft with retail area, kitchen and toilet. External retail area of approximately 645 sq ft. Gas bottle cage outside.

Other information

Reasons for selling:

Having run the business over 24 years the vendors would like to have a change in career.

Trading hours:

March to June; 8.30 am to 5.00 pm Monday, Tuesday, Thursday, Friday, Saturday. Closed Wednesday, Sunday & Bank Holidays. July to October; 8.30 am to 5.00 pm Monday, Tuesday, Thursday, Friday, 8.30 am to 1.00 pm Saturday. Closed Wednesday & Sunday. November to February; 8.30 am to 4.00 pm Monday, Tuesday, Thursday, Friday, 8.30 am to 1.00 pm Saturday. Closed Wednesday & Sunday.

Contact the seller