Oxfordshire Pet Shop With Two Year Payback Period For Sale

Business description

HISTORY

• The business was originally founded in 1985 with the present vendors having the shop since 1987, during which time they have built up an enviable local reputation

REASON FOR SALE

• The business is only now being reluctantly offered for sale as the vendors wish to retire and are currently suffering ill health

PRODUCTS

• The vendors offer a high quality and personalised service to the local community providing a wide range of pet foods and accessories
• They do however, specialise in wild bird food and feeding stations
• In an average week they sell circa 500kg of seed

CUSTOMERS

• The business has loyal and regular local customers who are typically drawn from within an approx 15 mile radius of the shop

SERVICES

• The business will take orders for any product within the wholesalers catalogue which extends to approx 21,500 different products and with a typical availability of over 97%

STRENGTHS

• An extremely well established business which has been trading for over 26 years
• Excellent local reputation with a very high repeat and referral trade from other satisfied customers
• A low overhead business, in particular the rent which is only £7,300 per annum
• Very well presented throughout with a new owner having nothing to do on takeover
• Consistent level of sales and profits


The vendors are prepared to provide an in depth hand over period to enable a smooth transaction.





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold
• Original Lease: 15 years
• Remaining Lease: 6 years
• Review every: 5 years
• Rent: £7,300 per annum
• Rates: £2,550 per annum

Location:

• The business has an excellent location on a small parade of complementary businesses surrounded by residential properties and situated in an affluent town in Oxfordshire

Premises details:

• Single storey mid terraced lock up premises which briefly comprise:
• Single glazed frontage with side door entry via pavement off the parade car park
• Open plan retail area with side shelving and centre gondola for product display
• Rear point of sale counter with till
• Through to rear with large stock room and preparation area with side racking, weighing facilities, kitchen and w/c
• Back exit to rear car park with allocated 2 car parking spaces, separate bin store and shared service yard
• To the front of the premises is a substantial shared forecourt parking area for customers

Business Operation

Expansion potential:

• Build up a home delivery service
• Expand their web site
• Attend local show events
• Advertise as very little is done presently
• Carry out in-store promotional work

Trading hours:

• Weekdays 9am to 5.30pm
• Saturday 9am to 1pm

Employees:

• 1 full time • 1 part time staff

Other information

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• Sales Particulars

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• EPC