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Advert Details
Pet & Aquatic Supplies Price Reduced For Sale
(Ref: 8612DN)
South Yorkshire, United Kingdom
Financials
Asking price: £24,995
Sales revenue: £130,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
We have been instructed to offer for sale this well established business with excellent potential for growth.
Established since 1997 it is now reluctantly offered for sale due to the vendor’s immediate plans to retire.
The business is currently staffed by the owners, a husband and wife partnership as well as one other part time member of staff.
Our client specialises in tropical and cold water fish as well as reptiles. To complement this a range of feed, bedding and treatments are also offered for sale.
The business has customers who come as far away as Hull but the majority of customers are from a 20 to 30 miles radius.
The business has experienced increasing sales over the years and the trend is continuing.
The business is run at its current level with minimal advertising and operates from a spacious two floored premises with extremely competitive rent and rates.
The premises are set into 4 main areas. The first area houses the fish. The second room is the tank room. The third is the lizard and reptile room. The upper floor is used for storage and some breeding.
The premises have recently been extensively refurbished to a high standard, in particular the reptile room. There is also an improvement grant available.
Current stock at valuation is estimated at around £15,000.
ref:8612DN
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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).
Trading hours: Mon – Sat: 9am – 4.30pm, Thurs: 9am – 3pm
Property: Leasehold
Lease terms
TENURE: Leasehold
Original lease: 5 years
Remaining lease: 3 years
Review every: 5 years
Rent: £8,500 per annum
We are advised that the annual business rates are currently: £3,000
Living accomodation
BUSINESS PREMISES
An attractive premise located in a small courtyard consisting of the following:
Ground Floor
- Large display window to the front with 3 separate entrances to each area
- Main sales areas with display tanks and shelving throughout
- Counter to front
- Door leading to kitchen/staff area
- Separate w/c
- Stairs to first floor
First Floor
- Storage and breeding area
External
- Paved to front with parking for 3 vehicles
Location
The business occupies a prime location set in a small courtyard in Doncaster town centre.
There is parking available for 3 vehicles directly in front of the premises a pay and display parking facility close to the property.
The surrounding area consists of complimentary business with no local competition.
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).
Expansion potential
1. There is further scope to add pet grooming to the business as well as boarding for small pets whilst owners are on holiday.
2. There is also potential to set up as a general pet shop as the nearest pet shop is closing, hence being the only pet shop in the centre with its own parking
Financing available
Please let us know if you require finance for the purchase of a business.
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