Pet/equestrian Supplies In Cumbria | | Egremont Cumbria | | T/O: £200,000 GP: 35% Scope to develop further Monopoly trading position Dog grooming parlour | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43491
ADVERT IMPRESSIONS : 12,029 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £62500 +SAV | ANNUAL RENT: | £7800 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Marion's Pet, Equestrian and Garden Supplies occupies a prominent position within a parade of complementary shops and businesses on Main Street in Egremont, Cumbria. The business is on the edge of the main shopping area, close to the centre of this traditional market town and benefits from a high footfall and much passing trade. The business benefits from ample free car parking in the area. There is a strong local economy with approximately 11,500 employees at the nearby power station and there are numerous new housing developments in the area. Egremont lies on the edge of the Lake District National Park and is approximately 5 miles south of Whitehaven.
Business History
Preferred Commercial is pleased to offer for sale this popular pet supplies business, which was established by our client in early 2007 and is only now being placed on the market due to ill health. The business generates a turnover in the region of £200,000 per annum with a gross profit of 35% derived from the sale of pet, equestrian and garden supplies and from the pet grooming service. Marion's boasts a monopoly trading position, being the only pet supplies shop within ten miles. There is scope to expand the business further by selling live pets, equestrian clothing etc and there is potential to introduce a web site with e-commerce facilities. We are advised that the rent includes 3 adjacent retail units with Marion's occupying two and a third sublet to a charity shop, giving scope to expand the business into the third unit if so desired. We feel this is an ideal opportunity for anyone looking for an established business of this type with huge scope for future growth. Early discussions with Preferred Commercial come highly recommended.
Financial Details
T/O: £200,000 approx.
GP: 35%
Opening Hours
Mon - Sat: 9.00am - 5.30pm
Sun: 10.00am - 4.00pm
Accommodation Details
Ground floor lock-up retail units on a busy shopping street. Briefly comprising:
Ground Floor
• Main entrance to double shop unit with shelving and racking on perimeter walls, various displays for dog food, pet treats, leads, bird feed and feeders, poultry supplies, cat supplies, equestrian section and products for fish and rabbits
• Sales counter with electronic cash register
• Store area with double exit door
• Dog grooming parlour with 2 x tables, work tops, dog bath and shower
• Kitchenette
• Third unit with open plan retail sales area sublet at £225 per month
External
• Wide prominent frontage
• External product display area
• Large enclosed yard to rear with double gates and container store
Tenure
Leasehold
Original length: 3 years
New lease to be assigned
Review: every 3 years
Rent: £650 per month (for all 3 units) | | | | | | FOR SALE | | | | | REFERENCE: | 1604 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
