Status: For Sale
Tenure: Leasehold
Turnover: £650,000
Family Run Chain of 5 Pet Retail OutletsFamily Run Chain of 5 Pet Retail OutletsFamily Run Chain of 5 Pet Retail OutletsFamily Run Chain of 5 Pet Retail OutletsFamily Run Chain of 5 Pet Retail OutletsFamily Run Chain of 5 Pet Retail OutletsFamily Run Chain of 5 Pet Retail OutletsFamily Run Chain of 5 Pet Retail Outlets
SAV - £70,000 for all businesses
£160,000 + SAV

Family Run Chain of 5 Pet Retail Outlets

For Sale
  • Reference: 2554 E
  • Location: Market Drayton, Shropshire
Will sell stores separate on negotiation

Hilton Smythe is delighted to introduce to the market The Pet Market. This family run chain of 5 retail outlets was originally established by our clients in 1976 and only now does the business come to the market due to retirement.

The Pet Market are market leaders in the retail of branded pet foods, accessories and small animals. The business reports a phenomenal combined turnover of £650,000 with a gross profit in the region of 42%.

The Pet Market has a comprehensive website in situ www.petsfirst.co.uk giving further information about stock and pets, with an e-commerce section to purchase goods on-line. We believe with a modest marketing campaign this side of the business could be easily expanded.

From the larger store in Market Drayton a free delivery service is available within a 6 mile radius and a liveried Vauxhall Morvano Van is included in the sale.

Although clearly successful we believe there are a few additional services new owners may wish to consider to further profit as below:-

Advertising and Marketing Campaign
Introduce reptile sales
Incorporate dog grooming in the larger stores
Extend opening hours.
Introduce a loyalty scheme

Early viewing of this well established and reputable business is highly recommended.

Please contact Hilton Smythe for further information.

STORES IN SUMMARY

Pets First Market Drayton
Staff: 2 members of staff , 1 part time, 1 full time
Size of premises Size approximately 4950 sq. ft.
Tenure Leasehold with a new 10 year lease to be offered
Rent is £27,000 per annum

Pets First Bridgenorth
Staff: 3 members of staff all part time.
Opening hours Monday to Saturday 9.00am - 5.30pm
Size of premises Size approximately 535 sq. ft.
Tenure Leasehold with a new 10 year lease to be offered
Rent is £10,000 per annum

Pets First Wem
Staff: 3 members of staff all part time.
Opening hours Monday to Saturday 9.00am - 5.30pm
Size of premises Size approximately 920 sq. ft.
Tenure Leasehold - Lease ends 21st February 2019
Rent £6250 per annum

Pets First Rhyl
Staff: 3 members of staff all part time.
Size of premises Size approximately 1500 sq. ft.
Tenure Leasehold - lease ends August 2017
Rent £15000.00 per annum

Pets First
Connahs quay
Staff: 3 members of staff all part time.
Size of premises Size approximately 900 sq. ft.
Tenure Leasehold - lease ends July 2017
Rent £15000.00 per annum

STAFF

There are 4 family members who run and manage the business with a total number of 18 staff.

All the stores are fully staffed and work on a 3 week rota with an average of 16 hours per week.

All staff are quite competent with the use of computers as Skype is used for communicating and exchanging of files along with the use of email. All existing staff have proved to be honest, knowledgeable and offer excellent customer service.

FINANCIAL PROFILE

The business reports a phenomenal combined turnover of £650,000 with a gross profit in the region of 42%.
This fantastic business opportunity comprises of 5 separate shops in Shropshire, Flintshire and Denbighshire.

The largest shop and the one from which the business is run is in Market Drayton in Shropshire and is in a prominent main road position, close to the town centre and on main bus routes.

All of the shops are in optimum trading locations.
The main store and head office is housed in a Victorian detached building formally a school house.

Good sized, bright and airy shop premises, suspended ceiling with fluorescent lighting, perimeter shelving and hanging space, central gondolas, counter area with room for till and wrapping station and 6 fish tanks.

Caged section for the housing of small animals for sale ie hamsters, mice, rabbits and live crickets.

Storeroom with perimeter shelving and chest freezer.

Office with desks and computer workstation, window to front.

Staff room with stainless steel sink and drainer, desks and window to rear, employee toilets

Fixtures and fittings are included in all stores along with tills and computers, the sale includes an ecommerce website and a Vauxhall Morvano van

There is parking to the front and side of the premises, the business is presented in a well maintained condition with clear signage.

Contact us today for more information

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