Business
Please quote reference B07702
CoGoGo are delighted to welcome to the market a highly rated and well respected Pet Shop in Lincoln.
This well established business opportunity was founded by our client over 40 years ago, building up an excellent reputation and loyal customer base. As seen by the online ratings and reviews, the business is extremely popular.
It’s now come to the open market due to our clients desire to spend more time with family.
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The business sells a massive range of products including;
- Pet Foods
- Collars
- Chew Toys
- Dog and cat beds
- Grooming products
- Training aids
- Small animal cages and enclosures
- Animal hutches and runs
- Medication and disinfectants
- Pet bedding
- Cold water and tropical fish
- Pond fish
- Pumps and heaters
- Water treatments
- Pond and aquarium accessories
- Budgies, Canaries and Parrots
- Bird cages
- Wild bird seed
- Horse foods
- Seasonal bedding plants
The business is one of the UK’s biggest sellers of wild bird seed and are specialists in the supply of raw and natural dog foods and treats.
The business holds a transferable pet shop licence that allows the sale of livestock including rodents and birds.
Customers can shop instore or the business offers a local delivery service.
The sale will include the company website and social media platforms and the business enjoys great visibility online with impressive reviews.
Key selling points –
- A well established business with an enviable reputation and many existing customers
- Current owner happy to offer a handover to ensure the continued success of the business
- Prime trading position with loads of footfall
- Ideal owner managed or partnership business
- Perfect bolt on to an existing pet business looking for a foothold in Lincoln
Scope for further growth –
- Advertising and Marketing campaign
- Maximise the use of social media
- Add an e-commerce facility to the existing website
- Invest in SEO and PPC to drive new customers to the business
- Extend the opening hours
Location
The pet shop is located in Lincoln.
The business is nicely presented and maintained with clear visible signage. The business sits alongside other complimentary retail businesses and thus benefits from high levels of footfall.
There is free parking immediately outside the premises.
Premises
The business occupies generous premises ideally suited to the trade comprising a large retail shop and warehouse. There is also a separate lock up that can be included if required.
Tenure
We are advised that business is being sold on a Leasehold basis, currently on a 15 year lease. The rent is £18,664 per annum.
Hours
The current trading hours are –
Monday to Friday – 9:00am – 5:30pm
Saturday – 9:00am – 5:00pm
Sunday – Closed
Staff
We are advised that the business is run and managed by our client, with the help of 5 full-time staff members.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £590,000. Further financials can be made available upon request.
