For Sale
Reputable Pet Store For Sale
Brechin, Angus
- Asking Price: £34,995 +SAV
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Turnover:
We are advised the business generated a turnover of circa £105,000 as of 2023, further financial information can be made available upon request.
Please quote reference B06750
- Tenure: Leasehold
Please quote reference B06750
Hilton Smythe is delighted to present to the market the opportunity to purchase (on a leasehold basis) a well-established, family owned and run pet shop in the popular town of Brechin.
Pets Pantry has been trading locally for some 25 years and has built up an enviable reputation with many loyal customers and a fantastic amount of repeat and referral business. The current owner has decided to place the business on the open market as she looks to concentrate and grow other business interests.
The business itself trades as a traditional pet supplies and specialist store in all things pet related, retailing everything from a simple dog chew through to tropical fish, birds, pet food, cages, and hutches.
We feel there is scope to increase the turnover perhaps with a new owner embarking on a modest marketing campaign to highlight the excellent products offered, along with the introduction of a dedicated website to promote the business incorporating an online store, along with further use of social media to help generate an increase in sales. Our client has indicated that there is also the possibility to buy the freehold along with the business.
All fixtures and fittings are to be included in the sale.
Very rarely do businesses opportunities like this come to the open market, therefore early viewings are highly recommended.
The business is run and managed by 1 full time and 1 part time staff member.
The business trading hours are as followed:
Monday & Tuesday - 09:00am - 17:00pm
Wednesday - 09:00am - 16:00pm
Thursday - 09:00am - 17:30pm
Friday & Saturday - 09:00am - 17:00pm
Sunday - Closed
Pets Pantry is located on the busy High Street within the town of Brechin (DD9) and can be found next to a host of complimentary independent local retail outlets. The business is well signed making it easily visible. The store further benefits from free on street parking to the front of the shop and free parking to the rear.
The historic Cathedral City of Brechin is situated in close proximity to the A90, and within easy commuting distance to Dundee or Aberdeen and the Angus towns of Forfar, Arbroath, and Montrose. Brechin offers a wealth of amenities including primary and secondary schools, a health centre, local shops, the Brechin Community Campus at Brechin High School with football grounds, gymnasium, and library.
Substantial single fronted ground floor retail premises in good general condition, and briefly comprising:
Entrance to main shop area with sales counter to rear of the shop, ample wall mounted display units, prominent front window display area, shelving to most of main shop, fish tank display area, with a rear exit leading to a further two good sized storage areas & WC.
Tenure
We are advised a new Lease is to be made available to a new buyer.
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Representative Example
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
Rates may differ as they are dependent on individual circumstances. Subject to status.
