Ainsworth Lord Estates

For Sale in Business For Sale, 45-47 New Wellington Street - Asking Price Of £15,000

Full Details

PET SHOP BUINSESS FOR SALE - MILL HILL PETS & AQUATICS MILL HILL PETS & AQUATICS - BUSINESS TRANSFER
Ainsworth Lord Commercials are pleased to be offering for sale this long established business, of over 50 years.
Located in centre of Mill Hill, with a growing population and increasing number of new houses being build, Mill Hill Pets & Aquatics is known throughout the borough for having supplied pets and accessories (including key cutting) to many familes for generations.

With it's popular following and strong local customer base this business has thrived and grown into what it is today.

Due to retirement, the time has come to pass on the business to new owners.

We are seeking someone who has a love of animals and pets to take the business to the next level.
Just a few of the areas we see as growth areas include:
Optimise Online Web Sales via a range of channels.
Expanding the Range of Pets on offer
Repeat Subcription Sales of pets neeeds
Adding additional product offerings eg DIY Products

As you would expect this business has a healthy turnover with generous profit margins, and has been offered for sale at a realistic price for a quick sale. The owner is under pressure from his wife to retire!

The business currently trades 7 days a week and is run by the owner and a small team of passionate assistants who work part-time, generating a great following on Social Media with excellent reviews.

We would welcome enquiries from interested parties with the means to complete the sale without delay.

We are asking £15k for the business/goodwill.
Plus Stock, Fixtures & Fittings at Value. (We belive this to be in the region of £20-£25k)
Making a total of around £35k - £40k
We are happy to discuss a payment arrangement with a suitable Guarantor in place providing you can pay at least 50% of the total amount due.

The landlord is willing to grant the new owners a brand new lease for the ground floor double shop premises, at a rent of £1200 pcm by way of a standard fully repairing and insuring lease.
The term being offered is flexible, from 3 - 10+ years, and to be agreed.
Each party will be responsible for their own legal costs for the sale and drafting of a new lease.

We believe the sale of this business will attract lots of attention so early enquries are strongly advised.

ALL VIEWINGS ARE TO BE ARRANGED THROUGH AINSWORTH LORD ESTATES AND ARE STRICTLY BY APPOINTMENT ONLY.
ALSO, PLEASE BE ADVISED THAT WE HAVE NOT TESTED ANY APPARATUS, EQUIPMENT, FIXTURES, FITTINGS OR SERVICES AND SO CANNOT VERIFY IF THEY ARE IN WORKING ORDER OR FIT FOR THEIR PURPOSE.

DUE TO DEMAND - WE ARE SEEKING MORE BUSINESSES TO SELL.
If you have a business to sell or know anyone looking to sell we would be delighted to hear from them.


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