Business Overview:
This upscale pet store franchise focuses on organic, wellness products and services that are dedicated to helping your dog or cat receive the best care and treatment possible. Their employees are exceptionally trained to listen to your pets needs and prescribe the right products and services that are needed.
This store is located in an upscale community in the Dallas-Fort Worth metroplex and has a dedicated loyal customer based developed over the years by the owners, since they opened in 2015. The revenues and profits have continued to steadily increase year over year. This store was named the #1 Pet Store and Pet Grooming location for the 5th year in a row by several local magazines.
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Property Features and Assets:
Retail store located in well established retail center. 2,660 square foot leased facility. Business currently in a 5 year lease. New ownership can negotiate a new lease.
Assets = $184,431
Market Competition and Expansion:
The pet store industry is expecting strong growth over the next five years as more families treat their pets like family members and will spend accordingly. The pandemic slowed the industry due to stay at home restrictions, but with the changing environment, the revenue will continue to growth. Competition comes from online retailers, mass discounters, supermarkets and national brands.
Continued growth can come through active community involvement, more deliveries to the stores (for sales needs) and ultimately a larger retail space to take on more customers for the grooming and washing services.
Reason for Selling:
Owners want to retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
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