Profitable Pet Supplies & Fishing Business for Sale in Prime Banbury Location
Banbury, Oxfordshire
- Status
FOR SALE
- Date Submitted:
17/03/23
- Advert ID
510189
- Reference
BKP231063 / Rightbiz
- Call Agent:
- Leasehold: £60,000
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Prime Location
- Offers Invited
Business Details
Reduced Profitable And Popular Pet Supplies Business in Banbury
The profitable and popular pet supplies business is well established being over 40 years old. The current owners added fishing supplies 4 years ago, and have owned the business for the last 9 years. The only fishing tackle and bait shop in Banbury, drawing a regular and growing client base
Nicely located, the shop is amongst a small parade of busy shops including a Co-Op, where there is also plenty of free parking.
Known for its wild bird seed, dog food and small animal supplies, the addition of the fishing supplies has proved to be extremely popular.
The business survived well through the pandemic, enjoying an increase in footfall over this time. Fishing supplies was introduced 3-4 years ago, attracting a new group of regular customers, some visiting on a weekly basis.
With a great reputation for its friendly, personal service, the current owners are reluctant to let go of this lovely business. They also recognise the opportunities for the new owner to grow the business further. Aside from the local population expanding through several substantial housing developments, opening hours could be extended, and Sundays would be popular for fishing, as would sponsorship of local fishing competitions.
The well-stocked shop is based along a popular premium, tidy parade of shops which includes a busy Co-Op and one of the towns best fish & chip shops, making it easy for customers to pop in on a regular basis. Long established relationships with suppliers help make this an easy business to operate, and the long-established relationship with regular clients makes the day-to-day running sociable and a pleasure.
The business is being sold for personal, family reasons, and would suit a new owner who has an interest in fishing, and other animals.
The neat shop has two very well-stocked aisles. Behind the till and serving counter is the private staff area; office, kitchen etc, and storage facilities for large bags of pet supplies. There is access to the rear courtyard for deliveries and further secure storage space.
Trading Hours:
Monday - Friday: 09.00- 17.30
Saturday: 09.00-16.00
Sunday: Closed.
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Listing Statistics
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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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