Business description
• Easily run
• Low overheads
• Great first business
• Personally inspected and highly recommended
We are pleased to offer for sale this popular pet supplies shop. The business generates a turnover in the region of £125,000 per annum with a gross profit of 41% derived from selling an exclusive range of accessories, beddings and toys as well as stocking a large range of pet foods, food supplements and cages. The business benefits from a loyal customer base with much repeat trade. We feel this is an ideal opportunity to acquire a well-established and thriving pet supplies business with huge scope for future growth.
This is an outstanding opportunity to acquire a well fitted pet shop with approximately 700 sqft of retail space which has been fitted out to a high standard with a boutique feel. It trades from a prime trading position and has been established a number of years offering an old fashion experience with a modern twist. The business operates from a ground floor lock up shop. Additional to the retail space the premises benefit from a large office, store room, kitchenette, staff W.C and has rear access to the 3 allocated parking spaces.
The business offers a full range of pet supplies including pet foods and animal feeds and an extensive selection of accessories, toys, bedding, treatments and cages.
Property information
- Property:
- Leasehold
- Lease terms:
- We are informed that the property is held on a secure renewable lease which expires in December 2011 at a current rent of £16,000 per annum, exclusive of rates. We understand that the landlord would be willing to grant a new lease with terms to be agreed between the parties. Uniform Business Rates: £3,500 p.a. approx.
- Leasehold rent:
- £16,000 per annum
- Location:
- Occupying a prime corner position within this much sought after village on the South Buckinghamshire / Hertfordshire borders. It’s situated on a busy parade of complementary shops and businesses and benefits from a high footfall with much passing traffic. The business also benefits from ample parking in the vicinity.
- Size in square feet:
- 700
Business Operation
- Expansion potential:
- This is a chance to acquire a well established business which has come onto the market due to the owner wishing to consolidate his business interests. Not only does it have a good sound base, it affords numerous opportunities for development and expansion. The range and types of pets stocked could be increased together with the associated foods and other products.
For the right person it could be the ideal opportunity to mix business with pleasure, constantly meeting likeminded individuals who share an interest in the broad range of pets that could be stocked, while at the same time developing a profitable venture.
In particular the turnover and profits can be increased by:
1) Increasing the marketing activity with direct mailings, local and internet advertising.
2) Create an online presence with the introduction of a website and e-commerce.
3) Further sales can be gained by increasing opening hours.
- Trading hours:
- Monday – Saturday 9.00am – 5.30pm
- Employees:
- The business is at present operated by the owner on a part time basis with the assistance of part time staff.
Other information
- Support & training:
- The owner would be happy to help with a smooth transfer of the business in any way possible.
- Financing available:
- If you are buying a business or commercial property we can assist you with your finance needs. Our commercial finance partners can assess your circumstances, secure very competitive rates and assist you in your purchase through to completion. Call our office for more details