PET STORE
Turnover: £101k
Adjusted Net Profit: £30k
Paws n Claws is a cherished pet store with exclusive offerings for pet lovers. The business specialises in the sale of exceptional pet products including dog food, cat food, raw food, toys, accessories, supplements and walking supplies etc… The business is a uniquely placed in the marketplace and has attracted pet lovers from the local area and beyond.
THE OPPORTUNITY
Proven Success: The business has built a strong reputation for quality products and excellent service, resulting in a loyal customer base. The business has been established over 6 years, and in this time, they have built up an impressive turnover and customer base for a new entrant to capitalize on for further growth.
Steady income: Enjoy consistent revenue from repeat customers, seasonal sales etc… The business offers scope to expand the brand by attending social events/dog walking events and local dog shows.
Room for Growth: There are opportunities to expand by introducing new product lines, offering pet training classes, and introducing dog grooming services. The business offers an incoming vendor the opportunity to grow the brand by creating self-branded products and expanding the reach of suppliers to outside the UK which may offer higher margins. The business has a strong social media following, however there is scope to introduce an e-commerce side to the business and sell products online or through a subscription-based model.
Prime Location: Paws and Claws is situated the busy main high street in Wellington providing ongoing passing trade and local brand recognition.
PRODUCTS
The business offers a wide range of pet products, including premium pet food, toys, accessories, grooming supplies, wild bird supplies and more. The business has built up strong relationships with local and national suppliers, with the opportunity to expand the partner network and consider international suppliers for greater exclusivity and improved margins.
MARKETING
The business has limited marketing needs and enjoys ongoing referrals from new and existing clients. The business relies on local passing trade and social media for continued trade, however there is scope for paid advertising to be introduced and a functional e-commerce website to maximise the business reach.
MANAGEMENT AND EMPLOYEES
The business is managed by the vendor and partner on a part time basis.
PREMESIS
The premises is made available by way of a lease assignment with the current annual rent being £9,000 per annum with just under 2 years remaining on the lease and attracts 100% small business rates relief.
GROWTH OPPORTUNITIES
There is endless growth potential for an existing operator or someone looking to enter the market with an established brand and customer base with this well-established business:
• Expansion into New Locations
• Product Diversification
• Enhanced Digital Marketing
• Ecommerce Platform Implementation
• Introduce a Training Academy
• Dog Training & Walking Services
• Introduce Dog Grooming Services
This would suit an existing operator as a bolt on acquisition, or a new entrant to the market.
FURTHER INFORMTAION
Don't miss out on this incredible opportunity to own and grow this unique business with an exceptional branding presence.
Further information is available by speaking with us and for more information please contact us.
