Asking price: £38,000

Sales revenue: £380,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
SBS Commercial is delighted to offer for sale this expanding pet and feed warehouse business which our client is placing on the market in order to concentrate on other business interests.

The business benefits from a loyal customer base of local pet owners, small holders and kennel operators.

Founded in February 2006 by the vendors, as an additional outlet to their existing business located elsewhere within Norfolk, its turnover has grown consistently year on year.

They stock a wide range of leading brands of pet food, working dog mixtures and farm animal feed, together with a large selection of both small and large animal accessories such as kennels, hutches etc.

Currently the day to day management of the business is carried out by the vendors in conjunction with overseeing their other business interests. Shop sales and warehouse duties are undertaken by one full-time and four part-time members of staff.

We believe that considerable cost savings could be made by having full time working owners, ideally a husband and wife team. There is also scope for growth by expanding the range of aquatic products – the premises have ample room for expansion.

Early viewing is highly recommended.

Years established: 2.5

Employees: Vendors (Part-time) + 1 full-time & 4 part-time

Trading hours: Mon – Sat: 9.00am – 5.00pm Sun: Closed

Property: Leasehold

Lease terms
TENURE: Leasehold. ORIGINAL LENGTH: 10 years. REMAINING: 9 years. REVIEW: Every 5 years. RENT: £16,200 per annum. BUSINESS RATES: £5,082 per annum.

Living accomodation
PROPERTY DETAILS Spacious purpose built retail warehouse unit, briefly comprising: • Entrance lobby. • Unit 1 with point of sale counter, display racking and bins. • Unit 2 with display racking and bins. • Rear store. • Aquatics display area. • Unit 3, bulk feed warehouse with roller shutter door to loading bay. Office zone, with separate entrance, which could be sub-let if required, briefly comprising: • Accounts office – 108 square feet. • Main office – 325 square feet. • Canteen. • Store cupboard. • 2 x toilets. External • Parking for 18 vehicles. • Temporary storage units.

Location
The business operates from large leasehold premises, with the benefit of ample customer parking, on the outskirts of this expanding South Norfolk market town, which has good road and rail links to the nearby City of Norwich.

Expansion potential
We believe that considerable cost savings could be made by having full time working owners, ideally a husband and wife team. There is also scope for growth by expanding the range of aquatic products – the premises have ample room for expansion.

Support & training
As required from the owners

Reasons for selling
Other business interests

Financing available
Via selling agents subject to status