Pet Shops for sale in Holt

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Successful And Lucrative Pet Shop

Holt, Norfolk, England

  • Freehold Price: £235,000  Price Reduced arrow_drop_down
  • Turnover: £173,761
  • Gross Profit: £57,818
Seller Reference: B04685
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: B04685
Request Details
Business Description
Business
Hilton Smythe welcomes to the market Posh Pets, which was established by our clients in 1991.

The business is now only offered to the market as it’s our clients wish to pursue a change in direction.

Posh Pets is a traditional pet shop offering pet supplies and essentials. Posh Pets had a dog grooming parlour up until recently which could be resinstated if required. 

Posh Pets is the only local supplier of Hunter pet products and prides itself in sourcing natural local pet foods.

The business sells a wide range of items for household pets including dogs, cats, rabbits, hamsters, fish and wild birds. Their pet foods come in standard size and large sacks, they also stock frozen foods and pet accessories including:

• Leads
• Collars
• Coats
• Beds
• Blankets
• Bowls
• Pet care items
• Flee treatments
• Shampoos
• Pet toys and much more


Due to pet shop closures in Sheringham and other surrounding areas, Posh Pets has more custom than before and still retains its Holt customer base.

The business 5* Google and Facebook reviews and is being sold with the website, www.poshpetsholt.co.uk

Posh Pets is a profitable business, however, there is scope for development by considering the following

1. Improving the website to become an E-commerce site
2. Add to current lines being sold


Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Posh Pets is located in Holt, North Norfolk.

Holt is a market town located just of the A148 which is the main road from Cromer to Fakenham and on to Kings Lynn.

Holt itself has a population of 3,550 according to the 2011 census, this population is much larger when taking in to consideration the surrounding villages and the population grows further still in the summer months, being a main tourist destination.

Premises
Entrance door to the main shop area which has tiled flooring and a suspended ceiling with spotlights.

The counter area has the card machine, till and storage below, some products are displayed for sale on the counter.

The initial shop area has shelving for food, racking for straw and bedding, shelving for skin/shampoo products and a step up to the rear sales area.

This area has an area for pet beds, leads – including Hunter products, pet toys, a chest freezer for frozen foods, a small storage area and an opening to the former grooming parlour, now utilised as additional retail space.

Staff toilet facilities.

Tenure
We are advised the business is being sold as a freehold business opportunity.

Our client informs us that they do not pay business rates.

The Freehold price includes the annual ground rent of the flat above which is NOT included in the freehold price and we have been informed is circa £100 per annum.

Hours
Monday to Saturday 9am to 5pm.

Staff
The business is run and managed by our clients.

 

Financial Profile
Posh Pets generated an advised turnover of circa £174,000 as of the 2017 accounts.

The assets in the business are worth in the region of £10,000.

Tenure:
Freehold
Listed by:
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