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Well Established Aquatic Business

Doncaster South Yorkshire
WELL ESTABLISHED AQUATIC BUSINESS - DONCASTER Turnover £100,344 pa with high gross margins Early viewing highly recommended
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 30008
ADVERT IMPRESSIONS : 18,883 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Pet Shops
SALE: Agent Sale

LEASEHOLD:

£24,995
 

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BUSINESS DETAILS:

WELL ESTABLISHED AQUATIC BUSINESS - DONCASTER
Turnover £80,970 pa with high gross margins
Early viewing highly recommended
Scope for further development
Excellent opportunity to incorporate general pet supplies
Improvement grants available
City centre courtyard location
Well respected business
LEASEHOLD



Location

This well established aquatic business is located in a city centre position in a well presented courtyard surrounded by a wealth of complimentory businesses that bring all year round footfall to the area. Doncaster is a large town in South Yorkshire and the principal settlement of the Metropolitan Borough of Doncaster. The town is located about 20 miles (32 km) from Sheffield and is popularly referred to as "Donny".

Doncaster shares an international airport with Sheffield, and in recent years its centre has undergone regeneration including the development of an Education City Campus, currently the largest education investment of its kind in the UK. Doncaster has also recently extended the Frenchgate Centre, a shopping centre and transport interchange. The city has strong road and rail links via mainline station and the A1 and M18 motorways.


Business History

Meridian Business Sales are delighted to offer to the market this well established and equipped aquatic and reptile business that has been in the careful hands of our clients since 1999 and is only now being offered to the market due to our clients desire to take a well earned retirement. Since our client took ownership of the business they have embarked on a full refurbishment program to all areas of the business culminating in a true walk-in and trade business. Our clients have continually improved and updated the business by offering new and existing income streams such as the introduction of reptiles and aquatic plants both of which have proved popular and profitable to the clientele. Our clients inform us that the current turnover is £80,970 pa with a gross margin of 43%. This is derived from the sale of all this aquatic to include tanks, pumps, fish, plants and more recently reptiles. There is an excellent opportunity to incorporate or diversify to general pet supplies, this would mean the business would be the sole independant pet suppliers in the town centre with its own car parking. The business enjoys a strong local reputation and as such has high levels of loyalty and repeat trade. Meridian Business Sales recommends early viewing to fully appreciate the quality and growth potential of this business.


Financial Profile

Turnover: £80,970pa
Gross profit: 43%
Stock approximately: £15,000


Tenure

Leasehold
Original length: 5 years
Remaining: 2 years
Review: 5 years
Rent: £8,500pa


Opening Hours

Monday: 9:00am - 5:30pm
Tuesday: 9:00am - 5:30pm
Wednesday: 9:00am - 5:30pm
Thursday: 9:00am - 5:30pm
Friday: 9:00am - 5:30pm
Saturday: 9:00am - 5:30pm
Sunday: Closed


Accommodation

Well presented and maintained 2 storey lock up retail unit in its own courtyard with parking. Briefly comprising;

GROUND FLOOR - Main entrance leading to open plan sales area with a large showroom with banks of tanks displaying fish and other aquatic products [60 in total].

Flooring is carpet tiles - ceiling is modern suspended with halogen lighting.

Sales desk with electronic cash register and shelving for storage, further tanks with aquatic plants, central gondola displaying dry goods including fish food etc and shelving to the back wall adding further display of reptile food.

Doorway leading to further sales area briefly consisting:-
Open plan aspect with displays of tanks, pumps and furniture stands, further doorway to reptile room, banks of tanks to display reptiles with full heated lamps and shelving for dry goods and reptile foods etc. Staircase to first floor:-

FIRST FLOOR - Large storage room currently used for tanks and furniture, office space with desk and filing and doorway to second storage room.

EXTERNAL - Block paved courtyard with parking.
   
  FOR SALE
   

REFERENCE:

1960 / RightBiz
   
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