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£0 £1000000

Pet Shop Business With Renowned Reputation

St. Austell, Cornwall

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Archived

£45,000 +SAV

Ref: B05866

Leasehold

Overview

Please Quote Reference B05866

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Kernow pets which is a well-established reptile Pet Shop with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

The current owner has been running it as The Pet Shop for the last 4 years or so and the business has been a real labour of love for them accruing many regular customers and a burgeoning reputation whilst under their ownership.

The business is now being sold, albeit reluctantly and with heavy hearts only due to the owners wishes to move away. They are keen to see their beloved Pet Shop pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.

Scope to improve:

  • Advertising and marketing campaign.
  • Maximise the use of social media particularly Facebook and Twitter.
  • Website, ideally with an e-commerce facility.
Reasons to buy:

  • A well-established business with an enviable reputation and many regular customers.
  • Low running costs with inexpensive rent and no business rates.
  • Ideal owner managed or partnership business.
  • Price to facilitate a quick sale.
Hilton Smythe highly advise early viewing to avoid disappointment.

This great little business is likely to attract considerable interest.

Turnover
Kernow pets generated an advised turnover of circa £42,000, with a NET of 7,500.

For further information please reference B05866.

The business is run and managed by our client.

Monday - Saturday: 10.00am - 5.00pm

Sunday: 10.00am - 12.00pm

The pet shop is in St Austell is a town in Cornwall, England, 10 miles south of Bodmin and 30 miles west of the border with Devon. St Austell is one of the largest towns in Cornwall. This is a busy location that receives high amounts of footfall and passing trade daily. This is a vibrant location for a popular pet shop.

The Pet Shop is nicely presented and maintained with clear visible signage and distinctive livery. The business sits alongside other complimentary retail businesses and thus benefits from high levels of footfall and passing trade. There are several inexpensive, public car parks within easy walking distance.

An easily managed, but good-sized premises covering around 117.37 sqm.

Large rear storage, WC, kitchen and rear access for loading.

On the first floor we have a very large storage area, this whole area could be further developed if required.

Within the shop we have an abundance of shelving and racking, storage bins, tanks, together with customer counter and till, scales etc.

Tenure
We are advised the business is being sold as a Leasehold.

Original lease length: 5 years.

Remaining lease length: 2 1/2 years as of 2020.

Rent: £10,200 per annum.

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