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WE ARE INFORMED the turnover averages £4,250 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 50% approx. In addition, the Dog Grooming Parlour is operated for 2/3 days per week by a freelance person. Full details of the turnover in respect of the Dog Grooming Parlour will be discused on inspection. We are further advised that the sales in respect of the Pet Shop year ending 5th April, 2004 showed £155,590 with a gross profit of £77,363 and a net profit of £45,973.
Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £79,500 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features
Outstanding opportunity to acquire an old established Pet Shop. Whilst a Pet Licence is held, only fish are sold.
Forecourt to spacious Sales Shop with 3 display windows and double doors. Approx. 500 sq. ft. sales area. Carpet tiled floor, suspended ceiling with concealed lighting. The equipment includes counter, electronic cash register, display shelving, display stands, 2 fish tanks etc.
Ground floor loading area with separate side access
Stairs to large basement comprising fully equipped dog grooming parlour
Large stockroom
Staff cloakroom with w.c. and wash hand basin
Staff
The business is at present operated by the vendor with the assitance of 2 part time staff. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
We understand the premises are held on a secure renewable lease from a private landlord having 5 years unexpired from the 1st April, 2005 at a current rental of £13,000 p.a. exclusive of rates up to April, 2005, with rent to be agreed thereafter.
Uniform Business Rates: £3,600 p.a. approx. + water rates (metered)
