Hilton Smythe are delighted to present to the market Paws & Claws, a much loved community Pet store business with over 30 years of trading history. Our client purchased the business 20 years ago and has now decided to sell due to his wish to semi retire.
The business is being priced to sell quickly and offers lots of opportunity for any new buyer.
The business is very consistent in its levels of turnover and we believe there is further scope to increase this by at least 40-50%.
The well-presented shop is fully stocked offering an excellent range of pet foods, accessories, pet cages and houses, pet carriers, car safety harnesses, fresh bones, bowls, leads, toys, beds, bird houses, aquariums, medicines, sprays and vitamins, bowls and brushes, cat scratch pads, treats and more.
They are proud stockists of premium pet foods which include -
- Lily’s Kitchen
- Pooh & Mutt
- Natures menu (frozen, dry & wet)
- Barking heads
- Meowing heads
- James Wellbeloved
In addition to dry food, our client also offers a good choice of frozen dog food.
They cater for small and large dogs, cats, small pets and hamsters, fish, birds and wildlife.
The business comes with many loyal customers, the majority who have been visiting the store for many years with many customers living within the Portslade area, there is also a healthy footfall from people visiting the other stores on the street.
Local deliveries can be made on request.
Our client admits he runs the business to suit now and any new buyer may look to add the following to further boost sales -
- New website with online ordering facility
- New social media campaign and Facebook page
- Local advertising
- Reorganising stock ranges and product margins
- Add further services such as dog grooming
- Increasing the range of dog harnesses and pet clothing
- Adding an own brand of dog food
- Extending the garden ornaments and outside planting
- Open Sunday’s
Rarely to established businesses in this area come onto the open market and we therefore recommend early viewing to avoid disappointment.Location
Paws & Claws pet store occupies a much sought after trading position along Boundary Road in Portslade, Hove and Brighton.
The business sits along a busy parade of shops which includes many independent retailers, cafes and coffee shops, diy shops as well key High street branded stores such as Tesco, Iceland, Boots, kfc & Lloyd’s Bank etc. The business, as with many on this street benefit from being located next to Portslade mainline train station situated at the top of the street.
Portslade is a vibrant area with lots of new housing projects currently being developed and located just 5 miles west of central Brighton.
Boundary Road connects north to the A270 and A293 which connects commuters directly to the A27 and A23 cross country link roads.
The business also benefits from a large customer car park located directly behind.PremisesFront External –
Large pavement area for outside displaysInternal -
Service counter with storage
4 x display aisles with rear fixed shelving units
Glass topped display freezer
Second Retail Area to Rear
Small officeRear External -
Additional covered storage area
2 x storage sheds
Gated access with space for car it required.Tenure
We are advised the business is being sold as a Leasehold with a new 6 year lease in place which is renewable paying just £13,500 per year.
The business benefits from full small business relief on the rates paying 0 rates in the current yearHoursMonday to Saturday
- 9.00am to 5.30pm
The business is owner ran with help of 2 staff members.Financial Profile
The turnover as of the 2018 accounts showed £193,422 with a gross profit of £67,700 with an adjusted net profit in the region of £34,000.
Current stock levels are approximately £25,000.