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Advert Ref: N981

Well-Established Equestrian Goods/Pet Foods Business - Kent/Sussex Borders

  • Tunbridge Wells, Kent

Under Offer

Asking price:
£300,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

LOCATION
The business trades from a substantial industrial unit on a retail park on the outskirts of a large town benefiting from great road access. The business draws trade and delivers over a wide catchment area across Kent and Sussex.

BUSINESS
The business was established by our clients in 1984 and is now only being marketed as a result of the vendor wanting a change. The business trades as a retail and online Equestrian goods and pet food supplier and is currently primarily staff run. Tremendous potential exists for more owner involvement and the introduction of a more diverse range of trading lines. The business is to include the e-commerce website.

TURNOVER
£1,479,292 for the year end 31st December 2022 Turnover for the year end 31st December was in the order of £1,350,00. (Full accounts available after completing an NDA)

STAFF
3 Full time, 2 part time and 2 directors

HOURS
Monday to Friday 8.00am to 5.30pm (Saturday 9-5) Closed Sunday

PREMISES
2 Adjoining Industrial Units with 7,000sq/ft (including mezzanine areas). Retail Area: Fully fitted to trade with various shelving and display units, counters 2 EPOS tills. Vehicle access doors to Warehouse Area: pallet racking, forklift. First Floor: Retail Area: displaying second hand equestrian goods and riding tack.

TENURE
10 year lease from May 2016. Rent £61,000 + VAT P.A.

EPC RATING
TBA

BUSINESS RATES
£6,000 P.A. Payable 23/24

Property:
Leasehold
Premises details:
2 Adjoining Industrial Units with 7,000sq/ft (including mezzanine areas). Retail Area: Fully fitted to trade with various shelving and display units, counters 2 EPOS tills. Vehicle access doors to Warehouse Area: pallet racking, forklift. First Floor: Retail Area: displaying second hand equestrian goods and riding tack.

Trading hours:
Monday to Friday 8.00am to 5.30pm (Saturday 9-5) Closed Sunday

Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
Undisclosed

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