FOR SALE
508666
378 / Rightbiz
This is an excellent opportunity to acquire a well-established, Pet food retailer based in Alnwick, Northumberland. The business is available on a leasehold basis.
They have been established for over 40 years, but under current ownership since 2014, and has experienced significant growth on an annual basis since they began trading. The vendor has skilfully created a unique business that supplies a wide range of food products for dogs, cats, horses, birds and other animals. Despite this being their core focus, they also sell a wide range of related products, such as pet clothing, feeding equipment and other related products.
The business has built up an excellent reputation and loyal customer base, which has resulted in a vast amount of repeat and recommended custom over the years. Such is the reputation of the business, they are widely considered a household name in the town!
The vendor has also built a number of key relationships with high quality suppliers in their industry, which ensures a healthy profit margin for the business and a high-quality product for their clients.
· Excellent Reputation in their Community and Industry!
· Established for over 40 years!
· Vast amount of repeat and recommended custom
· High Growth Sector
· Excellent reviews
· Minimal Competition in the area
· High Footfall Location
· All Assets, Fixtures and Fittings Included
· Excellent Relationships with key suppliers in their industry
· Minimal Overheads
· Turnover - £200,000 (approx.)
· High Gross Profit Margin
· High Adjusted Net Profit - £30,000
· Huge Potential for further growth and success.
It is with a heavy heart that the vendor is selling the business due to retirement. This is an excellent opportunity for an entrepreneur or an existing company who is looking for a lucrative bolt on acquisition to complement their current offering. Due to the nature of this business, we are already experiencing a high volume of enquires, so to avoid disappointment, please contact us for further information.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'An excellent opportunity to acquire a well established, Pet food retailer based in Northumberland - 378 / 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.