Business description

An opportunity has arisen to purchase a busy market Pet Shop business, its current owners have owned it for 20 years and it is currently managed by two full time employees.

Business description: Busy double Pet Shop that has been established at least thirty years, it has an excellent ongoing tenancy agreement with the market management and is situated in the heart of the Birkenhead shopping centre and local amenities. The business would ideally be run by husband and wife team and the asking price and net profit figures are based on and reflect this.

The shop does not sell any livestock. There are also three stock rooms which are included in the rent figures.

Trading Hours: Monday to Saturday, 9am to 5pm (closed Sunday)

Expansion Potential – There is potential to add a web site to the business and a local delivery round.

Support & Training – Full handover training would be included if required

Reason for selling – Retirement after a combined 75 years in the business!

Lease – Currently £ 12,487 per year, we are not aware of any planned increases.
Rates(including water) – For 2008/9 £ 3224
All other costs are minimal unless staff are employed.

We consider the business has been sensibly priced to reflect the current economic climate.

Current stock is valued around £ 11,500

Property information

Property:

Leasehold

Lease terms:

On going lease with 3 yearly rent reviews

Leasehold rent:

£12,487 per annum

Location:

Birkenhead Market, Birkenhead, Wirral

Premises details:

Secure Double fronted lock up market stall

Other information

Expansion potential:

Web site and delivery round

Support & training:

Full support in all aspects of running the business

Reasons for selling:

retirement

Trading hours:

Monday to Saturday 9am to 5pm

Furniture / Fixtures value:

£1,000 (included in the asking price)

Inventory / Stock value:

£11,500