Pet Shops for sale in Nottingham

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 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Leasehold Price: £11,000 Turnover: £23,500 Gross Profit: £15,000
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Business Description
BUSINESS
Hilton Smythe welcomes to the market Pet Supplies established since 1980 and under the careful ownership of our client since 1989, the business is reluctantly offered for sale due to our client’s personal circumstances.

This well stocked pet store supplies small animals, reptiles, birds and cold water and tropical fish along with all accessories including cages, fish tanks, toys, food and bedding serving this heavily populated local community and has established a repeat loyal client base over the years.

We feel an injection of marketing would assist in promoting the business in particular establishing a website or perhaps hosting an open day at the nearby Nottingham Academy where the children can see and learn about the animals which would pay dividends.

The business is currently being run at a pace to suit our client due to ill health and does not always open at the advertised hours, another opportunity to further increase revenue and subsequent turnover.

Furthermore, the business benefits from a basement below ground, currently not utilised this area would need to be renovated and with planning permission could be converted to allow additional retail space.

This ready made concern is an ideal walk in opportunity with further potential for growth.

LOCATION
The business is located in Sneinton, a large residential suburb just a few miles from the City of Nottingham.

Situated on Sneinton Boulevard amongst a parade of retail shops and in close proximity to the Nottingham Academy, which will be the largest school in the United Kingdom with a capacity for 3600 pupils once renovations have completed and should provide additional passing trade in the area.

Nottingham is well served by public transport with its own railway station linking to the national network and regular bus services throughout the city and surrounding areas.  The M1 lies to the west of the city providing excellent road access.

PREMISES
This corner positioned premises briefly comprises:-

Substantial retail area very well stocked and organised with central counter, till, scales and chest freezer.  Numerous display tanks with tropical and cold water fish.  The retail area also houses an indoor aviary for birds.

The sales area also has a central display area with cages and tanks and shelving around the perimeter.

To the rear is a stock room with shelving and rear door access.

There is a basement below ground level currently not utilised requiring renovation.

Externally this prime positioned corner premises has multi fronted large windows ideal for displays.  The premises have the benefit of security grills fitted to all doors and windows and there is ample street parking to the front and side aspect.

TENURE
We are advised Leasehold.

The original lease length is 12 years with 3 years remaining. The lease is currently £250 per month.

HOURS
The business opening hours are:-

Monday to Saturday 9.30am - 5.00pm
Sunday Closed.

As previously mentioned our client does not always open at the advertised hours above.

FINANCIAL PROFILE
The business reports a yearly turnover of £23,500 per annum with reported gross profit of £15,000.





Tenure: Leasehold

Listed by: Hilton Smythe
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