Sold

Well Known Pet Shop in Ramsbottom For Sale

Ramsbottom, Greater Manchester

£79,950 +SAV

Ref: 12847 D

Share this property
Share

Description

Hilton Smythe are proud to present to the market My Northern Pets. The popular business was established in 1979 and our clients has owned the business for 8 years but now has reluctantly decided to sell due wanting to pursue other business interests. This is a perfect opportunity to take this already thriving business to the next level and help it reach its full potential. The shop has a very good word of mouth reputation and constant repeat trade. My Northern Pets current business activities include selling beds, food, toys and treats for animals. The business also has a selection of small animals for sale including rabbits, fish, birds, hamsters and much more. The pet shop is currently turning over a figure of £225,000 per annum with a gross profit circa of 47%, although this is a brilliant turnover we feel there is a scope to improve the business by late night openings, potential wholesale deliveries to local businesses and a possible commercial website to keep customers up to date on new products, stock and new animals delivered to the shop. Further turnover is expected by the business that is opening from the Dog Wash and Go Café and this is in the rear building. The pet shop is completed with its own Facebook page which is updated regularly and this keeps customers up to date on news, new products and deals on products. The business also has a 5-star review on the social media site with comments like ‘very friendly and helpful will be back, a real pet shop’. We feel an early viewing on this business would be highly beneficial to avoid disappointment.

Tenure

Leasehold

We are advised that the business is Leasehold.The original lease length is 10 years and has 2 years remaining.Rent £20,000 per annum.

Hours

The business is open from: Monday – Saturday: 9:00am – 5:30pmSunday: 10:00am – 4:00pm

Staff

The business is currently run by 5 members of staff.

Financial Profile

The business reports an annual turnover of £225,000 per annum with a gross profit circa of 47%.

Location

My Northern Pets is located in the town of Ramsbottom, Greater Manchester. The business is situated on a busy high street in the heart of the town centre. My Northern Pets is surrounded by other thriving businesses in the area including a tea room, dental surgery and a newsagent. The pet shop benefits highly from the passing trade in the area. The business also has rear free car parking which has a dedicated 5 spaces. This is an excellent location for a blooming business. Ramsbottom is a market town in Metropolitan Borough of Bury, Greater Manchester and according to the 2011 census is home to 17,872 people. Ramsbottom is approximately 4 miles away from Bury and 12 miles away from Manchester. The area is served by a public transport system and has several bus stops within walking distance. Ramsbottom railway station is located 0.2 miles away from My Northern Pets. The A676 runs close to the area.

Premises

The business premise is a double fronted, terraced, large 3 storey premise which is regularly PAT tested. It is also in very good condition and the property is fitted with active working CCTV. Ground FloorThe property is a very open, large, spacious showroom which is well stocked and filled with toys, pet food, toys and treats. The large counter is found to the front of the shop and is also has stock surrounding it including cages, beds and tanks. To the rear of the shop is where the live animals are kept and this includes rabbits, small bird’s hamsters and Guinea pigs. There is also access to the rear car park through the ground floor and also found is a kitchenette and staff toilet. To the rear of the business is a large semidetached 2 storey building which is being refurbished into a dog wash and go café. First FloorLeading up to the first floor are internal stairs which leads to a large showroom filled with stock, a parrot boarding room which is occupied by love parrots and another stock room which is filled with animal beds. Second FloorInternal stairs lead to the second floor which contains a small animal boarding room which is filled with hunches contains the small animals, 2 large stock rooms and a toilet. Equipment included:CounterIpos TillUnits Shelving Cages Fish Tanks Hutches Fridge FreezerCCTV The building to the rear of the business is expected to be refurbished into a Dog Wash and Go Café.

Read some of our helpful guides and blogs

Blogs

10 brilliantly designed restaurants in the UK

7th October 2016

As a Business Brokers, we’ve come across many restaurants all different sizes…

Blogs

10 ways to advertise your business for free

28th May 2015

Advertising can be expensive, however when you’re just starting out or are…

Blogs

4 things to consider when you sell a business

4th January 2018

Every major decision requires careful thought and consideration, and very few decisions…

Blogs

4 ways to attract buyers to your Fish & Chip Shop

19th February 2018

Despite the ever-increasing range of fast food options available to us in…