| (REF: SE001490) Profitable And V.Well Est Pet Food Shop - Affluent Inland E Sx Town |
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| Seller Reference: |
SE001490 |
| B4S Reference: |
28454 |
| Asking Price: |
£95,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£339,187 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, East Sussex, United Kingdom |
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A GREAT OPPORTUNITY TO ACQUIRE A LARGE and PROFITABLE PET FOOD and ACCESSORIES BUSINESS THAT HAS BEEN ESTABLISHED FOR SOME 40YRS IN A POPULAR AFFLUENT INLAND TOWN IN EAST SUSSEX and THAT IS ONLY BEING OFFERED FOR SALE NOW DUE TO RETIREMENT
LOCATION
This well-established pet food store is located on a busy road just off the High St of a much sought after affluent inland town in East Sussex. It is positioned in a good trading position, close to and surrounded by various multiple and independent retailers and catering establishments in a very well-supported local community, and it is very well known and regarded having been established for 40 years and for the last 25years in this particular location.
The town has a popular secondary school and serves not only the local population but also the many surrounding villages, and being semi-rural the local population are generally keen animal lovers and hence the business has benefited from very regular and consistent loyal customer base. Easy customer parking is available both outside the shop and in the nearby supermarket car park.
THE BUSINESS PREMISES
The business occupies two adjacent single storey shop units that have been made open-plan and interconnecting, providing a spacious total area of approximately 1,480 sq ft.
Outside the premises has large eye-catching sign written nameboard and large display windows, and the entrance door leads into the shop which is very well fitted and equipped for trade, with extensive display shelving and racking providing professional displays of a very comprehensive range of products and accessories, in two large retail areas.
To the rear of the larger main retail area there are two large display chest freezers, a large serving counter with an electronic till with EPOS system, behind which is a 'Weighing Up'/Store Room, Kitchenette and Staff WC.
To the rear of the other adjacent retail area are 2 x Store Rooms,
TENURE
A new lease to will be issued with rent of £15,000per annum with terms to be agreed.
The current Business Rates payable are approximately £5,850 per annum.
THE BUSINESS
The business was originally started by the vendor's mother in law some 40 years ago, and it has been in the hands of the current owner, who is now looking to retire, for the last 29 years and in their current location since 1986.
It is very well supported with many regular customers from this prosperous catchment area and even throughout the recession it has traded very successfully with a turnover of £339,187 in the last year and consistently shows a clear Net Profit in excess of £50,000+ per annum, which could be further enhanced by a partnership or husband and wife team.
Currently the owner runs the business with help from part-timers, although in the recent past it has been run under management and because of the high achievable profits can be done so again, if desired.
The business stocks a wide range of quality pet foods and accessories for cats, dogs, small animals and fish. There is great potential to expand by having an active website and/or by doing home deliveries, if desired. Stock is currently valued at approx. £27,500 but this could be reduced by agreement.
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Property: |
Leasehold |
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Living Accommodation: |
No |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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