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Highly Rated, Well Established Pet Shop in Brigg Lincolnshire for Sale

Brigg, Lincolnshire
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Well Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For SaleWell Established Pet Shop For Sale
  • Status

    FOR SALE

  • Date Submitted:

    13/10/20

  • Advert ID

    267816

  • Reference

    B05929 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £123,995
  • Turnover: £140,445 (£2,701 Per week)
  • Net Profit: £31,627 (23% Profit margin)

Business Details

Well Established Pet Shop For Sale

Business
Please quote reference B05929

Hilton Smythe welcomes to the market The Pet Shop, a well established and extremely highly rated pet store located on Wrawby Street, Brigg. The business was originally established by our clients over 33 years ago, though our clients have thoroughly enjoyed their time running the business, they are now looking to retire.

The business is extremely well known and sees a high amount of repeat trade from the local community and beyond, with an enviable reputation for excellent personal service, and huge range of premium products.

The business reported a turnover of £140,445 for the last financial year. The turnover has grown year on year with an exceptional 19% growth projected for 2020 – 2021.

The store is incredibly well stocked and organised, with a fantastic range of products including; pet foods, accessories, pharmaceuticals, toys, treats and much more. The Pet Shop holds exclusivity to a number of premium brands and further benefits from its monopoly trading position with little competition in the area.

The google review status is 5 star, with customers stating ‘Owners really know their dog food I’ve recommended this place to many people have feeding problems’ and ‘Fab shop. Lots of helpful advice and excellent customer service’

Our clients are happy to offer a handover period to ensure the continued success of the business.

Reasons to buy.

  • Extremely well established
  • Exclusivity to select premium brands
  • Excellent reputation
  • Scope to increase turnover
  • Located in a high footfall location
  • Handover period offered
Early viewing of this long established and reputable business in this desirable location is highly recommended.



Location
The business is located in the heart of Brigg, North Lincolnshire.
Brigg is an historic market town situated in the Ancholme valley with the picturesque River Ancholme and Ancholme Canal running through its heart.
Brigg is surrounded by affluent Wolds villages and central to several major conurbations to easily access via the M180 and A18.


The Pet Shop occupies the first floor of a 3 story Georgian property and is prominently situated in the centre of the cobbled pedestrian zone sharing its location with several recognised high street businesses.

The business benefits from ample parking facilities within the proximity, and is just a 5 minute walk from Brigg Train station. There are also ample bus stops nearby.

Brigg is accessible via the M180, with the A18 being a few minutes drive away.



Premises
The Pet Shop is very well presented and maintained throughout.

Double fronted and open plan shop.
Very well laid out store, with display shelving externally visible to the front.
Through the entrance is the sales area, comprising of perimeter shelving and fitted storage displays, slat wall panelling and large display counter, with til system.


To the rear of the shop is the store room with shelving systems.



Tenure
We are advised Leasehold with a new lease to be negotiated with the landlord.
The business also benefits from being exempt from rates.




Hours
The business trading hours are currently –

Monday 09.30– 4.00
Tuesday 09.30 – 4.00
Wednesday 09.30 – 4.00
Thursday 09.30 – 4.00
Friday 09.00 – 4.00
Saturday 09.00 – 4.00
Sunday Closed


Covid times applied



Staff
The business is currently run as a husband and wife team, with 1 part time staff member



Financial Profile
The Pet Shop has an excellent turnover and high profit margins.

The 2019 financial accounts show a turnover of £140,445 with a gross profit of £55,915

Please quote reference B05929



Read more

Contact Agent

Contact the seller for more details, or book a viewing

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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.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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.

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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.

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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.

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The data showed regarding this advert 'Well Established Pet Shop For Sale - B05929 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.