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London, City of London, SW4

£99,950

Business rates & charges may apply

Hilton Smythe, Bolton
SECTOR
Shop for sale

Key features

  • Ref:B06278
  • Leasehold

Property description

Business
Please quote reference B06278

Hilton Smythe is delighted to present to the market Rex and Wolfe, an exciting multi-faceted business opportunity offering pet food/treats & accessories, a delightful home interiors range, dog grooming and professional dog walking services.

The dog walking side of the business was established over 10 years ago while the newly refurbished store opened in June 2019.

The business is now being sold due to the family commitments of our client's young family; however, a full business handover will be offered.

The retail shop is organised to a very high standard and includes the following -

  • Petfood, dog treats, bowls, toys, accessories, dog jackets, collars, clothing, leads & harnesses
  • Ethically sourced home storage, throws, mirrors and gifts
  • Dog grooming area
It is clear to see from the photographs attached, the research and experience input by our client.

The ability to source the right choice of products within this competitive market is key to the early success, customers are not driven by cost within this area but more focused on the quality, sustainability and health benefits for their pets.

Our client has created a private grooming area to the lower ground floor which has the ability to cater for 2 groomers working alongside or could also be used for doggy day-care.

There are currently 8 x self-employed dog walkers who look after the daily walks of 4-8 dogs which could be easily expanded due to the high demand within the area. In peak months, this side of the business generates over £16,000 in turnover!

Currently the business is completely staff run, if any new buyer has any experience in the dog grooming side of the business then we feel this would be a great asset.

Key selling points include -

  • Increasing turnover with 100% year on year growth
  • Client database of over 500
  • 9/5 Google
  • Instagram page - 1102 followers
  • Facebook page
  • Business website
  • Full list of 309 dog walking/ boarding & day care clients
  • Business telephone number included
  • Relevant licences in place
Assets included in the business sale:

  • All shelves and most furniture in the shop
  • 2 x grooming tables
  • All scissors, shavers, clippers, grooming products (shampoos/ conditioners etc)
  • 2 x hairs dryers
  • 1 x building in grooming bath/ shower/ water heater.
  • 1 x sofa and chairs downstairs
Very rarely do pet businesses with 3 successful income streams in such a desirable area ever come on to the open market, we therefore strongly advise any serious buyer to make an early enquiry to avoid disappointment.



Location
Rex and Wolfe occupy a much sought-after trading position on Old Town Road in Clapham, London.

This part of Clapham is renowned for its charming choice of independent retailers, cafes & restaurants, bars, barbers and estate agents. This is a very desirable location to live with many beautiful and traditional Victorian properties surrounding this business.

The location is key to the success of the business with many of the loyal dog owners living within walking distance of the store who also use the dog walking and grooming service offered.

The area's main fire station is directly facing.

The Old Town is accessed just off Clapham High Street and Clapham Common.

Nearest underground is Clapham Common.

There is available parking directly outside the store.



Premises
  • Ground floor - designated space for retail with excellent choice of display units and shelving
  • Lower ground floor - staff/toilet facilities, 2 x grooming stations, storage - this space could also be used as a doggy day-care space for 3 small dogs




Tenure
We are advised the business is being sold on a Leasehold basis with 5 years remaining on the Lease, the rent is £1,460 per month.



Hours
The business trading hours are as followed:

Monday to Friday - 09:30am - 17:30pm

Saturday - 09:00am - 18:00pm

Sunday - 11:00am - 16:00pm



Staff
The business is ran and manged by 1 full time and 8 part time staff members.



Financial Profile
We are advised the business generated a turnover of circa £180,000, further financial information can be made available upon request.

Please quote reference B06278



London, City of London, SW4

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Clapham Common Station0.3 miles
  • Clapham High Street Station0.4 miles
  • Wandsworth Road Station0.4 miles

About Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

At Hilton Smythe, we sell businesses. For those looking to buy or sell in the UK, we act as a bridge between buyer and seller. We pride ourselves on making the business sales experience more transparent, fair and enjoyable for buyers and sellers alike.

We market businesses using multiple market leading platforms and channels all with the aim of achieving the best price and outcome for our clients.

We’re a young, fresh and driven group of people with the knowledge and experience ne

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Notes

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Disclaimer - Property reference B06278. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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