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Related Ads > West Yorkshire Business for Sale > Pet Shops to Lease > Pet Shops in West Yorkshire for Sale 

Pet Supplies In West Yorkshire

Undisclosed West Yorkshire
Wide range of pet supplies plus licence to sell small animals. Est.for 5 years, currently management run, profits available to a working owner in excess of £30k, from sales in the region of £80k per annum. Low rent and overheads.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 64364
ADVERT IMPRESSIONS : 25,947 TIME(S)

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

LEASEHOLD:

£50,000
 

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BUSINESS DETAILS:

LOCATION:
The premises front a busy main road, located between Leeds and Bradford, in West Yorkshire. The immediate area surrounding the shop is a combination of residential properties and business units.

BUSINESS:
The business has been established for 5 years and has been in the hands of the current owner for the last 2 years. The owner is now looking to retire.
The business stocks a wide range of pet supplies including feed, toys, bedding, hutches and cages, cleaning equipment and pet care. It also has a licence to sell small animals such as rabbits, guinea pigs, hamsters etc. The shop is well known within the area and there are many repeat customers who visit the shop for all their supplies. In addition, the location provides a reasonable amount of passing trade.
Financial accounts supplied by the owner show a turnover of £82,229 from the year ending May 2010. The adjusted net profit available to a working owner is in the region of £30,000 per year. Financial information will be made available to seriously interested purchasers after they have formally viewed the business.

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
The shop is well equipped with a range of racking, shelving and display units. Additional space is available outside to the front of the shop where larger items such as cages and hutches are displayed.
Note:
Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

TENURE:
This is a leasehold opportunity and a new lease will be made available to the incoming tenants. We are advised that the current rent payable is £120 per week, including water and rates.

HOURS:
Monday to Saturday: 9am to 5pm

STAFF:
There is currently a full time manager assisted by one part-time sales staff. The owner does not work in the business on a day to day basis but oversees the overall operation. In our opinion this opportunity would ideally suits a working owner.

STOCK:
The vendor informs us that the value of the stock is approximately £18,000.

LEGAL FEES:
Vendors and Buyers each to meet their own legal costs, but if a lease is to be assigned from the vendor to the buyer they will also be expected to share the landlord’s legal costs on a 50/50 basis. If a buyer wishes to negotiate a ‘new’ lease, they will be responsible for all the landlord’s legal costs.
   
  FOR SALE
   

REFERENCE:

HO9553 / RightBiz
   
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