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Prominent High Street Trading Position
Accounts Available Year End 31st December 2017
Annual Turnover £61,483
Gross Profit £29,182
Accounts Available After Viewing
Family Run/No Staff
Ample Free Parking
Potential To Introduce Advertisement
Scope To Introduce E-Commerce
EPC - C
REF 6768 – Leasehold Pet Centre & Dog Grooming Business
Blacks Brokers are pleased to bring to the market this leasehold pet centre & dog grooming business located in the bustling town centre of Weybridge, Surrey.
Weybridge Pet Centre has been trading on Church Street for over thirty years with our client taking ownership in 2008. The business is well known and has a great reputation in the area with a large base of regular customers and good reviews noted on Google. Our client supplies a complete range of branded pet food, pet products and pet accessories to complement affordable grooming and animal boarding services. The Weybridge Pet Centre also sells small livestock including guinea pigs, hamsters, mice, rabbits and cold-water fish - a pet licence is required for this so a new owner will need to apply for one if they do not have one.
The business is positioned on a busy main road close to large multiples including HSBC and Richer Sounds as well as a range of independent retailers. The area is well linked by the M25, M3 and A317 with good public transport links and there is free parking available in the immediate vicinity. The business is prominently position within a busy residential area and there is a good range of local amenities, schools and businesses nearby.
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.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a fourteen year lease which began in 2008 at a cost of £336.50 per week. We are advised the lease is renewable.
The business is currently operating with our client working on a part time basis and is supported by a family member whom works on a full time basis.
The dog grooming staff are all self employed, there is no formal lease in place at present but our client does take half of each payment for dog grooming as 'rent'. This arrangement can be altered to a new owners preference.
Weybridge Pet Centre has traded well during an impressive trading history. Accounts for year ending 31st December 2017 show annual turnover of £61,483 with gross profit of £29,182. Full financial details are available upon viewing.
The business has a rateable value of £2009. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business occupies a superb trading position on a busy main road. There is plenty of scope to develop the business further with a strong marketing drive – our client has never needed to advertise and all custom has been generated by word of mouth recommendations and reputation. There is also scope to expand the product lines and introduce a new website with shop to gain online sales. A social media presence could also be beneficial. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
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