This is an excellent opportunity to acquire a well-established, Pet food retailer based in Alnwick, Northumberland. The business is available on a leasehold basis.
They have been established for over 40 years, but under current ownership since 2014, and has experienced significant growth on an annual basis since they began trading. The vendor has skilfully created a unique business that supplies a wide range of food products for dogs, cats, horses, birds and other animals. Despite this being their core focus, they also sell a wide range of related products, such as pet clothing, feeding equipment and other related products.
The business has built up an excellent reputation and loyal customer base, which has resulted in a vast amount of repeat and recommended custom over the years. Such is the reputation of the business, they are widely considered a household name in the town!
The vendor has also built a number of key relationships with high quality suppliers in their industry, which ensures a healthy profit margin for the business and a high-quality product for their clients.
• Excellent Reputation in their Community and Industry!
• Established for over 40 years!
• Vast amount of repeat and recommended custom
• High Growth Sector
• Excellent reviews
• Minimal Competition in the area
• High Footfall Location
• All Assets, Fixtures and Fittings Included
• Excellent Relationships with key suppliers in their industry
• Minimal Overheads
• Turnover – £200,000 (approx.)
• High Gross Profit Margin
• High Adjusted Net Profit – £30,000 +
• Huge Potential for further growth and success.
It is with a heavy heart that the vendor is selling the business due to retirement. This is an excellent opportunity for an entrepreneur or an existing company who is looking for a lucrative bolt on acquisition to complement their current offering. Due to the nature of this business, we are already experiencing a high volume of enquires, so to avoid disappointment, please contact us for further information.