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Very Profitable Warwickshire Based Pet Supplies Business In Southam For Sale

Southam, Warwickshire, UK
Asking Price:
£335,000
Turnover:
£1,205,476
Net Profit:
£162,598

This is an exciting opportunity to acquire a high turnover and profitable pet supply business, located in a historic Warwickshire market town, which is now offered for sale pending their retirement after 25 years of successful trading.

Key features:
- Business established by vendors and trading since June 1998
- Situated on the outskirts of a pleasant Warwickshire market town
- Stocking a wide range of pet supplies for all domestic animals, horses and small holdings including bulk feeds, live birds, small animals and cold water fish – in-house epos system in place
- Loyal client base from the town and surrounding villages
- Rising turnover - net sales year to 30th April 2023£1,205,476 with excellent six-figure profits to hands-on working owners (also scope to run under management)
- Leasehold or Freehold options available
- Rare business opportunity to acquire an exceptional business within this sector

Property Information

Property:

Leasehold

Lease Terms:

Option 1 – Leasehold sale. Our clients are prepared to retain the freehold premises and grant a new lease to the purchaser for a flexible term (guide 10-15 years) on fully repairing and insuring terms at a commencing rental of £56,000 per annum, subject to rent reviews every five years.

Option 2 – Freehold sale

Subject to the status of the incoming tenant, the landlord may request a rent deposit equivalent to 3 or 6 months annual rental to be held for the duration of the lease. Purchasers should take this into consideration when preparing financial forecasts and budgets.

Location:

The business is situated on the outskirts of the very pleasant and historic Warwickshire market town of Southam.

Premises Details:

Detached single story light industrial unit approximating 6,548 ft.² overall.

Size in square feet:
6,548

Business Operation

Reasons for selling:

Genuine retirement sale after 25 years.

Years established:
25