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Scope To Expand Product Range
Accounts Available Year End March 2020
Annual Turnover £197,142
Significant 45% Gross Profit On Sales
Handover Period Offered
Scope To Develop Online Sales
Prime Sites At Top Ranking, Major Show Events Across UK
Large 9m x 6m Marquee
Immediate Profit Improvement By Erecting Own Marquee
Proven Turnkey Profitable Operation
Leading Retailers On Show Event Circuit
REF 6878 – Relocatable Pet Accessorie Retail Marquee
Blacks Brokers are pleased to bring to the market this relocatable retailer of pet accessories currently based in Barnsley, South Yorkshire.
Our clients established Waggy Tails Store in 2008. The business offers a range of comprehensive high quality dog accessories for sale ranging from dog bedding, leads, collars, harnesses, dog clothing, dog treats and much more. Our clients regularly attend a variety of shows such as County Shows, Horse Trials and Country Fairs where they sell their products from a large marquee. Although the business does have a website in place there are no eCommerce sales at present and this is an area a new owner could develop on massively. There is also the immediate profit improvement opportunity of erecting your own marquee - at present our client pay rent for a sub contractor to carry this out at every event they attend at a cost of £500 per event.
Waggy Tails Store is currently operated by our clients from their home which is based in South Yorkshire. The business can be relocated anywhere within the UK. The shows in which our client attends currently are based all across the UK.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
Our clients have secured a fantastic reputation and the business is very well known amongst show goers. Waggy Tails Store has also won several awards for marquee presentation and product range at The Best Stand Awards over the years. As mentioned previously the business is fully relocatable. Our client does pay rent to the organisers of the shows attended for the use of the marquee to stand at the event and our client has prime sites at all shows. This includes the busy site at the Badminton Horse Trials - the country's biggest and most prestigious horse event, attracting over 250,000 attendees. This rental figure does vary from show to show, the current owners are happy to offer a hand over period in order to maintain relationships with show organisers for the new owners.
The business is currently operating with our two clients only working on a full time basis – hours and days are as required.
This business has traded well since being established in 2008. We are advised that the business currently has a annual turnover of approximately £197,142 with strong gross profits. Full financial details are available upon completion of a non-disclosure agreement.
Waggy Tails Store is well established and well known within this business sector. Although the business has shown year on year growth and is already operating a fantastic level there is still scope to develop the business even further, with the introduction of eCommerce sales on the website, development of the product line offered. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations.
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