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Well Established Pet Shop For Sale

Brigg, Lincolnshire

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For Sale

£123,995 +SAV

Ref: B05929

Leasehold

Overview

Please quote reference B05929

Hilton Smythe welcomes to the market The Pet Shop, a well established and extremely highly rated pet store located on Wrawby Street, Brigg. The business was originally established by our clients over 33 years ago, though our clients have thoroughly enjoyed their time running the business, they are now looking to retire.

The business is extremely well known and sees a high amount of repeat trade from the local community and beyond, with an enviable reputation for excellent personal service, and huge range of premium products.

The business reported a turnover of £140,445 for the last financial year. The turnover has grown year on year with an exceptional 19% growth projected for 2020 – 2021.

The store is incredibly well stocked and organised, with a fantastic range of products including; pet foods, accessories, pharmaceuticals, toys, treats and much more. The Pet Shop holds exclusivity to a number of premium brands and further benefits from its monopoly trading position with little competition in the area.

The google review status is 5 star, with customers stating ‘Owners really know their dog food I’ve recommended this place to many people have feeding problems’ and ‘Fab shop. Lots of helpful advice and excellent customer service’

Our clients are happy to offer a handover period to ensure the continued success of the business.

Reasons to buy.

  • Extremely well established
  • Exclusivity to select premium brands
  • Excellent reputation
  • Scope to increase turnover
  • Located in a high footfall location
  • Handover period offered
Early viewing of this long established and reputable business in this desirable location is highly recommended.

Turnover
The Pet Shop has an excellent turnover and high profit margins.

The 2019 financial accounts show a turnover of £140,445 with a gross profit of £55,915

Please quote reference B05929

The business is currently run as a husband and wife team, with 1 part time staff member

The business trading hours are currently –

Monday 09.30– 4.00
Tuesday 09.30 – 4.00
Wednesday 09.30 – 4.00
Thursday 09.30 – 4.00
Friday 09.00 – 4.00
Saturday 09.00 – 4.00
Sunday Closed


Covid times applied

The business is located in the heart of Brigg, North Lincolnshire.
Brigg is an historic market town situated in the Ancholme valley with the picturesque River Ancholme and Ancholme Canal running through its heart.
Brigg is surrounded by affluent Wolds villages and central to several major conurbations to easily access via the M180 and A18.


The Pet Shop occupies the first floor of a 3 story Georgian property and is prominently situated in the centre of the cobbled pedestrian zone sharing its location with several recognised high street businesses.

The business benefits from ample parking facilities within the proximity, and is just a 5 minute walk from Brigg Train station. There are also ample bus stops nearby.

Brigg is accessible via the M180, with the A18 being a few minutes drive away.

The Pet Shop is very well presented and maintained throughout.

Double fronted and open plan shop.
Very well laid out store, with display shelving externally visible to the front.
Through the entrance is the sales area, comprising of perimeter shelving and fitted storage displays, slat wall panelling and large display counter, with til system.


To the rear of the shop is the store room with shelving systems.

Tenure
We are advised Leasehold with a new lease to be negotiated with the landlord.
The business also benefits from being exempt from rates.


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