Property Information
Address:
Reading, Berkshire
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH519492
Property Ref/Agent: 12520-busy-pet-store-in-woodley-berkshire-for-sale
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this busy and popular pet supplies business, ideally located in Woodley, Berkshire.
The business was established by our clients in 2012 and is only now being offered to the market due to our clients' desire to try other business ventures. The business currently operates 7 days per week and generates a turnover in the region of 296,600 per annum, with a gross profit of approximately 38%.
Our clients offer a wide variety of pet food and accessories for all domestic pets. The business stocks products from leading brands including Natural Instincts, Canagan and Lily's Kitchen, to name a few. Our clients also offer a loyalty card scheme, tag engraving and a delivery service. The property boasts 89 sq. metres of floor space with a large open plan retail area and large rear stock room.
The business has built up an excellent reputation within the area and further afield for the high quality of the products and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
We feel there is scope to increase the turnover by embarking on a modest marketing campaign to highlight the excellent goods and service offered. The pet shop already has an excellent and informative website in place at , which could incorporate online ordering facilities.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.TENUREWe are advised the business is being sold as a leasehold opportunity.
Original lease length: 10 years
Remaining lease length: over 5 years
Rent: 32,000 per annumHOURSThe business is opening hours-
Monday - Saturday: 9am - 5:30pm
Sunday: 10am - 4pmSTAFFThe business is run and managed by our clients with the help of 2 members of staff.FINANCIAL PROFILEThe business generates a turnover in the region of 297,000 per annum.
Gross profit 38%
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