Profitable Well Established Stonebuilt Pet Shop | | Undisclosed Somerset | | Situated in a terrace, excelent trading position, SOMERSET | | ADVERT NUMBER : 66658
ADVERT IMPRESSIONS : 14,133 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Pet Shops | | SALE: | Agent Sale | LEASEHOLD: | £39950 | | | | | BUSINESS DETAILS: | Features : Listed Building
SINGLE FRONTED PET SHOP with Live Pet Licence. Sales area in the region of 500 sq. ft. Counter, electronic cash register, shelving, display stands, 4 bird cages, 5 hamster types cages, 4 guinea pig type cages.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a terrace, excelent trading position, SOMERSET
Opening Hours : Monday - 9 a.m. - 5.30 p.m.
Tuesday - Friday inclusive - 8.30 a.m. - 5.30 p.m.
Saturday opening - 8.30 a.m. - 5 p.m.
NO SUNDAY TRADING
Turnover : WE ARE INFORMED the turnover averages £2,600/£2,700 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the sales year ending 31st August, 2010 showed £126,195 with a gross profit of £48,444 i.e. 38.45% and a net profit of £28,339.
Tenure : We understand the premises are held on secure renewable lease from a private landlord, the present lease having approximately 6 years unexpired at a rental of £5,000 p.a. exclusive of rates up to 1st December, 2012, with rent to be agreed thereafter. (We further understand that the landlord, subject to satisfactory references, would be prepared to grant a longer lease at terms and rent to be agreed, if required).
Uniform Business Rates: £905.25 p.a. (after small business relief)
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 9 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £39,950 plus STOCK AT VALUATION (£12,000 appox).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Staff : The business is at present operated by a husband and wife team and no staff are employed. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
