Pet Shops for sale in Coventry

View the "Pet Shop in Busy High Street Location" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Leasehold Price: £29,950 Price Reduced Annual Turnover: £115,000 Annual Net Profit: £27,000
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Business Description
This well-stocked pet shop was established by the owner in 1992. After many years of successful trading she now wishes to retire.

It is a lock-up shop with a small WC in an area behind the sales floor and a substantial, dry storage area underneath. The shop is located on the corner of a busy West Midlands High Street, opposite a Superstore. The location affords the shop a large amount of additional display space outside under the cover of a projecting roof. The shop is well-equipped with plenty of shelving, electronic cash register and weighing scales.

The largest selling item is pet food and chews. Other lines include pet toys, bedding, cages, pet-related ornaments and garden ornaments. The shop also sells a few animals - budgerigars, hamsters and fish. There is a freezer in the storage area containing frozen dog food (tripe, mince etc).

The shop is open 09.00 to 05.30 Monday to Friday and closes half an hour earlier on Saturday.

The landlord has indicated a willingness to grant a new lease to the new owner.

The business turns over around £115k per year producing a Gross Margin of between 45% and 50% and earnings before owner drawings of c £27k. There are good opportunities for growth as the business does not currently accept card payments and there is clearly an opportunity to develop a trading website.

The vendor works 4 days per week, assisted by a young Saturday helper and an adult 2 days per week.

The business has been priced realistically with a Guide Price for the business and fixed assets of £29,950 plus stock at valuation (expected to be between £10k and £15k).
Tenure: Leasehold

Leasehold Term: + Stock at Valuation

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