Pet Shop Ideal For First Time Buyer | | Undisclosed Oxfordshire | | OXFORDSHIRE PET SHOP IDEAL FOR FIRST TIME BUYER PAYBACK IN TWO YEARS Located on parade in affluent town Est 26 yrs providing a wide range of pet foods & accs A/T: £114,143 GP: £43,859 NP: £22,647 Excellent scope to expand L/H: £52,000 +SAV REF: 1047OX | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 63828
ADVERT IMPRESSIONS : 13,796 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Pet Shops | | SALE: | Agent Sale | LEASEHOLD: | £52,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• The business has an excellent location on a small parade of complementary businesses surrounded by residential properties and situated in an affluent town in Oxfordshire
HISTORY
• The business was originally founded in 1985 with the present vendors having the shop since 1987, during which time they have built up an enviable local reputation
REASON FOR SALE
• The business is only now being reluctantly offered for sale as the vendors wish to retire and are currently suffering ill health
PRODUCTS
• The vendors offer a high quality and personalised service to the local community providing a wide range of pet foods and accessories
• They do however, specialise in wild bird food and feeding stations
• In an average week they sell circa 500kg of seed
CUSTOMERS
• The business has loyal and regular local customers who are typically drawn from within an approx 15 mile radius of the shop
SERVICES
• The business will take orders for any product within the wholesalers catalogue which extends to approx 21,500 different products and with a typical availability of over 97%
STAFF
• 1 full time
• 1 part time staff
TRADING HOURS
• Weekdays 9am to 5.30pm
• Saturday 9am to 1pm
FINANCIALS
2010 2009 2008
Sales £114,143 £129,743 £128,221
Gross £43,859 £47,120 £49,586
Net £22,647 £26,260 £25,816
• Stock holding £10,000
PREMISES
• Single storey mid terraced lock up premises which briefly comprise:
• Single glazed frontage with side door entry via pavement off the parade car park
• Open plan retail area with side shelving and centre gondola for product display
• Rear point of sale counter with till
• Through to rear with large stock room and preparation area with side racking, weighing facilities, kitchen and w/c
• Back exit to rear car park with allocated 2 car parking spaces, separate bin store and shared service yard
• To the front of the premises is a substantial shared forecourt parking area for customers
STRENGTHS
• An extremely well established business which has been trading for over 26 years
• Excellent local reputation with a very high repeat and referral trade from other satisfied customers
• A low overhead business, in particular the rent which is only £7,300 per annum
• Very well presented throughout with a new owner having nothing to do on takeover
• Consistent level of sales and profits
SCOPE
• Build up a home delivery service
• Expand their web site
• Attend local show events
• Advertise as very little is done presently
• Carry out in-store promotional work
TENURE
• Leasehold
• Original Lease: 15 years
• Remaining Lease: 6 years
• Review every: 5 years
• Rent: £7,300 per annum
• Rates: £2,550 per annum
VIEWINGS
• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1047OX / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
