Old established pet shop
Business for sale
Asking Price:
£25,000
Turnover:
£52,000
Annual profit:
£16,224
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
8
Employees:
No
Photos:
No
Ownership:
Sole trader
Business description
Location this business is located in dorset.Turnover we are informed the turnover averages £1,000 p.w. In our opinion offering further potential to increase in the right hands. Gross profit 40% approx.
Price to include the secure lease, goodwill, fixtures & fittings £25,000 plus stock at valuation (£10,000 approx).
Substantial loan to an approved applicant
Features double fronted medium sized sales shop with tiled floor. Counter, electronic cash register, shelving, electronic scales, chest deep freeze etc.
Stockrooom
staff cloakroom with w.c. And wash hand basin
Staff the business is at present operated by a husband and wife team and no staff are employed.
Opening hours monday - saturday inclusive - 9 a.m. - 5.30 P.m.
With the exception of wednesday when the business opens from 9 a.m. - 1 P.m.
No sunday trading
it will be appreciated upon inspection that there is potential for additional opening hours.
Accommodation as an optional extra we understand it is possible to rent a self contained flat over on a shorthold tenancy at a rental in the region of £6,500 p.a. The flat comprises:
2 Double bedrooms
bathroom with bath, w.c. And wash hand basin
lounge
kitchen
Outside yard at rear of shop with garage plus shed utilised by the shop premises
Tenure we understand the shop premises are held on a secure renewable lease having approximately 7 years unexpired at a rental of £6,500 p.a. Exclusive of rates for the next 1 year, with rent review at that time and thereafter every 3 years.
Uniform business rates: £700 p.a. Approx.
Recommended for early inspection
Reference : M2557
