For Sale
High rated Pet Shop business for sale
Shrewsbury, Shropshire
- Asking Price: £239,995 +SAV
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Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £685,000. Full financials can be made available upon further request.
Please quote reference B06768
- Tenure: Leasehold
Please quote reference B06768
Hilton Smythe welcomes Abbie's Pets & Exotics. This popular pet store was originally established in 2012 (formerly Becks Pets). Our clients took over the business in 2018, though they have thoroughly enjoyed running the business, they are now looking to pass on their beloved family business due to health issues.
The store runs as a pet shop selling a good selection of cat, dog, fish, bird and reptile products. This includes food, leads, cages, bedding, tanks, cleaning equipment and filters. The pet shop also sells a variety of small pets and fish including birds, rabbits, hamsters, guinea pigs, snakes, lizards, tortoises and geckos to name a few.
Since 2018 the business has significantly grown, outgrowing the unit it was initially in, our clients relocated the business just a couple of units up the parade, to a much larger unit. Our clients have
built up an excellent reputation with google review comments including ‘Best place for all your pet needs. We got our leopard gecko from them, and we also get all our raw food for the dog and just about anything else to be fair. Amazing products, super friendly family run business and very knowledgeable’ and ‘Absolutely fantastic... everything you need for your pets and staff friendly with tons of knowledge. Will definitely be a place I will continue to use’.
Our clients are offering a hand over period to ensure the continued success of the business.
This is a fantastic well-established Leasehold opportunity that is not to be missed. Hilton Smythe highly advises early viewing to take in the full potential of the trade.
We are advised that the business is run and managed by both owners, with the help of 1 part-time member of staff.
The business hours are -
Monday - 09:00 – 18:00
Tuesday - 09:00 – 18:00
Wednesday - 09:00 – 18:00
Thursday - 09:00 – 18:00
Friday - 09:00 – 18:00
Saturday - 09:00 – 18:00
Sunday - 10:00 – 16:00
Abbie’s Pets & Exotics is located in Shrewsbury, Shropshire.
The business is situated on a busy retail parade in a residential location. On this parade, there is a fish and chip shop, Pizza Hut, car accessories store, takeaway and a Tesco Express. This is a convenient shopping location that attracts large amounts of footfall from both the locals and passing trade. The pet shop benefits from free off road parking directly outside.
Shrewsbury is a popular location for visitors. The town has many attractions such as Morton Castle, Wroxeter Roman City, Acton Burnell Castle and Nesscliffe Country Park & Kynaston’s Cave. This is a historic town with excellent architecture, picturesque countryside and a bustling town centre.
The road on which the business is located is an arterial road that runs into the centre of Shrewsbury and connects to the A53 and A49. The town centre of Shrewsbury is just a short 5 minute drive away. The town has all amenities and has a generous amount of public transport. There are several bus stops a short walk away from the store and the closest train station is in Shrewsbury town centre.
Abbie’s Pets & Exotics boasts a substantial sized unit. The property is signed, with bright colourful signage, this is very eye-catching. There is a ramp for wheelchair access, leading up to the double entrance doors.
The main retail area houses various display fittings, racking and shelving units, suspended ceiling and the property has a fire exit.
On entry to the right is the service counter. This has shelving behind, with a variety of different products on display.
There are central isles throughout the store, each isle is for different types of animals.
To the rear of the property is a reptile section. The store is well laid out with plenty of shelving for displaying a large amount of stock. There is another section with large fish tanks
The premises also have car parking space at the front along with ample street parking within the proximity.
Tenure
We are advised that the business is being sold on a Leasehold basis, wiith 3 years remaining on the 5 year lease. The rent is £2,800 per month.
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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