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Pet supplies retailer

Reference
S11117
Turnover
Less than £0.5m
Sector(s)
Retail & wholesale
Region(s)
North East England
Added
21 November 2023

Business description

Offered for sale is a long-established independent pet supplies business, based in the Northumberland market town of Alnwick, that has been under the meticulous ownership of the current owners since 1992 and is now celebrating its 30th anniversary. Located in a busy trading location, the business sells a comprehensive range of premium pet products, and caters to a wide variety of pets, including dogs, birds, cats, rodents and reptiles.

From raw treats through to Scotland-made Dog Robes, the business has been developed through a focus on high-quality premium products, with the owners having made a concerted effort to fulfil a niche not met by the large chain retailers. Moreover, the shop aims to bring a friendly face to the pet supplies market, and benefits from both a local loyal customer base and thousands of tourists, attracted by the natural beauty and historical interest of the area. The shop prides itself on providing informed and impartial advice to customers, as well as offering free deliveries to local destinations. Within recent years, the shop has also introduced a premium key-cutting service that has proved popular with the locals. 

The business has a proven commitment to innovation and has sought to adapt and change with new trends and external pressures; the result has been an excellent sales record and good profits. 

The business has a number of gains to offer the prospective purchaser, including: 

  • A very healthy financial profile, with a turnover of £370,000 per annum and excellent profits;
  • Well-established with an excellent reputation and local client base; and
  • Ample scope for growth – for example, by undertaking a robust local marketing campaign, by expanding the company’s social media presence, by updating the website so as to facilitate the online sale of specialist products, and realizing the current owners’ plans to introduce a dog bakery. 

Highlights

  • Prime trading location on one of the main thoroughfares;
  • Situated in charming market town of historical interest; 
  • An established and loyal client base; 
  • Good profits and a healthy financial profile; 
  • Ample scope for growth.

Opportunities

  •  Opportunity to expand into online sales and create a more significant online and social media presence;
  • Future owners may also wish to realize plans to open a specialist dog bakery.

Prospective purchasers

  • 100% share sale
  • Prospective purchasers will be required to sign an NDA

Reason for sale

Semi-retirement 

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