20-Year Established White House Kennels & Cattery in Loughborough for Sale due to Retirement
Loughborough, Leicestershire
- Status
FOR SALE
- Date Submitted:
16/07/23
- Advert ID
516701
- Freehold: £895,000
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: £50,000 (34% Profit margin)
Key Features
- Accounts Available
- Established Business
- Home Based
- Offers Invited
- Prime Location
- Retirement Sale
- With Car Park
- Potential for Alternative Use
- Fully Fitted
Business Details
The White House Kennels & Cattery
After over 20 years of owning this very long established Boarding Kennels & Cattery, our pending retirement is the only reason for selling.
Licenced with the North West Leicestershire District Council, to board 48 dogs and 20 cats and perfectly sited within the Loughborough, Coalville & Ashby-de-la Zouch triangle, half mile away from the nearest village.
Turnover circa £150k, with over £50k net profit and plenty of scope to make much more, by adding doggy day care, taking clientele outside of our compulsory 7 mile radius, grooming, shop sales (subject to planning) and collection/drop off service.
Business: Reception, storage room, kennel kitchen, staff toilet, 2 cattery blocks, 3 kennel blocks and a large outside exercise area for dogs.
Internal Corridor from House to Business.
House: 4 double Bedrooms, 2 bathrooms, with large conservatory, in the country side (half mile from closest village) with plenty of off road parking and a double garage.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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