Pet And Aquatic Store In West Midlands | | Birmingham West Midlands | | Pet and Aquatic Store. Birmingham, West Midlands T/O: £100,000 GP: 45% Run at a pace to suit Huge scope Popular residential area 2 bed flat above | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49459
ADVERT IMPRESSIONS : 15,053 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Pet Shops | | SALE: | Agent Sale | LEASEHOLD: | £52,000 | ANNUAL RENT: | £11,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Earls Aquatics is ideally located in a parade of complementary shops and business on Worlds End Lane in the Quinton area of Birmingham. The business benefits from ample parking and a large forecourt. There is a high footfall and much passing traffic. The parade is surrounded by a densely populated residential area, from which the pet shop draws much trade. Quinton lies approximately 6 miles to the west of Birmingham city centre and is easily accessible via junction 3 of the M5 motorway, just 2 miles away.
Business History
Preferred Commercial is delighted to offer for sale this well-established pet and aquatics shop, which has been in our client's hands since 2003 and which is only now being placed on the market due to family commitments. The business is currently run at a pace to suit our client and generates a turnover in the region of £100,000 per annum with gross profit of 45%. A new owner could increase turnover by embarking on a modest advertising campaign as currently little in the way of advertising is carried out. There is a 2 bedroom flat above, which could be used as owners' accommodation or, by separating the entrance, let out to provide further income. There is a quality web site with e-commerce facility, which could be developed further. We feel this represents an ideal opportunity to acquire a well-established and highly regarded pet and aquatics shop with scope for further growth. Early viewing must come highly recommended.
Financial Details
T/O: £100,000 approx.
GP: 45%
Opening Hours
Mon - Sat: 9.30am - 5.30pm
Sun: 10.00am - 4.00pm
Accommodation Details
Double fronted mid-parade retail unit with 2-bedroom flat above. Briefly comprising:
Ground Floor
• Main sales and display area with shelving and racking to walls, counter area with electronic cash register, large bird cage and rabbit cages
• Tank room with thermostatically controlled tanks for tropical and cold water fish and reptile displays
• Further tank room with pond and tank displays
• WC
• Storage room
First Floor
2 bedroom flat, currently used for storage, briefly comprising:
• Lounge
• Kitchen
• Bathroom
• 2 x bedrooms
External
• Large forecourt to front
Tenure
Leasehold
Original length:15 years
Remaining: 15 years
Review: every 5 years
Rent: £11,000 per annum | | | | | | FOR SALE | | | | | REFERENCE: | 1777 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
