Hilton Smythe is delighted to welcome to the market R & H Pet Supplies. This business was originally established in 2013. Our client has thoroughly enjoyed running the store but is now reluctantly looking to sell due to other business commitments.
The pet store sells a generous amount of stock for all kinds of pets. They offer general pet supplies, food and accessories, stocking some well-known brands. The business also benefits from free parking just outside the shop.
The current turnover an advised £260.000. This is good, but we believe this could be massively increased. Some ways in which the new owner could do this is to look at increasing opening hours. The store is currently closed 1 day a week missing some vital trade.
A website could be added and would advertise the store and products on offer, this would hopefully attract new custom.
This is a well-established business, well known in the local area. Therefore, the store receives a high amount of loyal repeat trade. This business would be a perfect opportunity for a purchaser looking for a successful store.
The store is well priced and comes with low overhead costs.
Hilton Smythe highly advises early viewing to avoid missing out on this brilliant well-established business.Location
R & H Pet Supplies is located within a highly desirable parade of shops along Fitzalan Road in Horsham, West Sussex.
Horsham has become a highly sought-after place to live within West Sussex, located just off the A24 and A264 which connect East to Crawley, the A23 and M23. Brighton is just 23 miles to the South and Gatwick Airport 15 miles to the North.Premises
The main shop is an open plan retail area, with a large serving counter which also has counter top displays.
There is perimeter shelving, rails, other shelving and central display stands. There is also a store room.
- Fixtures and fittings
- Display stands
We are advised the business is being sold as a Leasehold.
Original lease length: 10 years.
Remaining lease length: 5 years as of 2019.
Rent: £16,000 per annum.Hours
Monday to Saturday 8.30am - 6.00pm
The business is currently a family run business with the help of 2 part time members of staff.Financial Profile
R & H Pet Supplies generated an advised turnover of circa £260,000 as of the 2018 accounts, with a gross profit of £69,000