Glasgow Pet Shop and Aquatic Centre: Well-Established, Profitable Business for Sale
Undisclosed, Glasgow
- Status
FOR SALE
- Date Submitted:
03/02/22
- Advert ID
289985
- Reference
B04588 / Rightbiz
- Call Agent:
- Leasehold: £5,000
- Turnover: £79,309 (£1,525 Per week)
- Net Profit: Not Applicable
Business Details
Well Run Pet Shop & Aquatic Centre
BusinessPlease quote reference B04588
CoGoGo are delighted to welcome to the market on a leasehold basis an opportunity to purchase this well-established & well-run pet shop & aquatic centre.
The business has been trading since the 1940’s and has been under the meticulous ownership of our client since the early 1960’s and has built up an enviable reputation for the products & services that it has to offer and has only now been placed on the market for sale as its our clients desire to take well-earned retirement, after many successful years of trading.
Thomas Hays Pet Shop trades as a traditional pet shop & pet supplies, specialising in all things pet related, retailing everything from;
• Tropical fish
• Birds
• Kittens
• Hamsters
• Various reptiles
• Pet food
• Cages
• Tanks and hutches.
We feel that there is tremendous scope to increase turnover and take the business to the next level by undertaking in a robust marketing campaign to generate increased sales, along with revised operating hours. The introduction of a dedicated website would increase online presence and could also be developed to offer an online shop for core products along with a possible delivery service.
The business trades on its reputation for quality and service and has outstanding future possibilities.
It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.
A tremendous opportunity to own this well-established, long standing business, and early enquiries must come highly recommended to avoid disappointment
Location
Thomas hays Pet Shop is located on the busy Osborne Street and occupies a substantial ground floor retail premises within the Merchant city area of Glasgow.
The business is surrounded by a wealth of complimentary shops & businesses & greatly benefits from being situated within the city centre, resulting in a consistently high level of footfall & passing trade.
The Merchant City area of Glasgow is a thriving mixture of university campus sites, bars, restaurants, gallery’s, theatres & is easily within a few minutes’ walk from George Square in the city centre making the location of the business exceptionally attractive to potential purchasers looking for a city centre operation.
Glasgow is the largest city in Scotland and the fourth largest in the United Kingdom, after London, Birmingham and Leeds.
As of the 2011 census, the city had a population density of 3,395 people per square kilometre. The city offers many amenities for a wide range of cultural activities, from curling to opera and ballet.
Premises
The business occupies a substantial ground floor corner retail unit and briefly comprises;
Window displays and glazed door to front creating a light, airy and inviting interior
Nicely presented shop that has been cleverly designed to maximise the space available.
The main shop has extensive wall mounted displays, along with a well-positioned service counter to the left-hand side with electronic till & card payment facilities.
To the side of the main front shop area is a large area that is currently used to display tanks & accessories along with further storage facilities.
The rear of the shop is the tropical fish area that has been well designed with 3 of the walls having built in display tanks, along with further storage, large window display area and rear shop exit. There is also a small kitchen area located to the rear of the front shop.
The business further benefits from a prime trading location along with prominent signage making it highly visible.
Tenure
We are advised that tenure is offered on a Leasehold basis via Glasgow City Council, currently done on a yearly basis.
Current Rent £ 14,640 Per Annum
Hours
Monday- 10.00 am–5.00 pm
Tuesday- CLOSED
Wednesday-10.00 am–5.00 pm
Thursday-10.00 am–5.00 pm
Friday-10.00 am–5.00 pm
Saturday-10.00 am–5.00 pm
Sunday -11.00 am–5.00 pm
Staff
The business is run & managed by the current owner with 1 full time & 1 part time members of staff.
Financial Profile
The business has reported an annual turnover of £79,309 as of the 2020 accounts.
Please quote reference B04588
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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