Ref 6217 – Leasehold Dog Grooming Salon
Blacks Brokers are pleased to bring to the market this leasehold dog grooming salon located in a busy and much sought-after area of Middlewich, Cheshire.
Waggs Boutique has been trading on Wheelock Street since 2013 with our client in ownership since opening. The business offers high quality dog grooming services with a wealth of experience, along with some accessory sales. Waggs Boutique has gained an excellent reputation and a good base of repeat customers. New custom is generated via word of mouth recommendations, supported by a strong social media presence and a comprehensive website.
The business is positioned within Middlewich town centre close to other local shops, businesses and multiples including Tesco and Morrisons. The area is well linked by the M6 and A54, public transport links are excellent and short stay parking is available immediately outside the shop. There is a large housing estate under construction in the Middlewich area which will bring yet more trade to this already busy salon.
Our client has a lengthy daily commute to the business and whilst there is potential to expand the working week to accommodate the demand, it is proving impractical from such a long distance and therefore the business is offered for sale.
The current lease is a rolling monthly lease at a cost of £69 per week. A new lease can be fully negotiated with this business sale and can run for between one and three years.
Waggs Boutique operates from the ground floor of a mid-terraced property within a parade of shops and other businesses. The business is well presented with tasteful signage on display above the entrance. Inside, the welcoming customer service area has service counter and small accessory sale area. To the rear of this is a well-equipped grooming room with grooming bath, four cages, two dog dryers and treatment tables with safety harnesses. There is also a staff toilet. Our client is currently installing a stainless steel hydraulic bath which will also be included in the business sale. Each area is presented well with good attention to detail and all fixtures, fittings and equipment are of good quality.
There is no gas in the property, just electric which is on a pay as you go metre which the current owner finds much easier than monthly bills.
The first floor of this property is not included in the lease and is currently private living accommodation.
The business is currently operating with two part-time members of staff supporting our client working on a full-time basis.
Waggs Boutique has traded solidly during the last five years. The business generates an annual turnover of £46,275 with gross profits of £35,079. Full financial details are available upon viewing. There is a running cost for the card machine that is in use at present, with the cost to be confirmed.
This leasehold business occupies a superb trading position with no local competition in a bustling area of Middlewich and has established an excellent reputation. The business is already profitable but has plenty of potential for growth as it currently only operates over a five day week, along with introducing new product lines to include brushes, treats, shampoos, leads and so on. A strong marketing drive would also be beneficial. A wonderful proposition for a first-time business buyer or another similar business looking for expansion in this area. Early viewings are strongly advised. Business: £39,995.
Please quote ref: 6217