Pet Food Store - Essential, Profitable, Recession

Not Disclosed, WA
King County

Asking Price: Annual Revenue:
$179,000 $386,434

Retail: Pet Stores & Services

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RE: Pet Food Store - Essential, Profitable, Recession Broker: Judy Elrod

Quick Facts

Asking Price: $179,000
Annual Revenue: $386,434
Net Profit: Not Disclosed
Cash Flow: $81,454
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2002
Employees: 1
BBN Listing #: 44094955
Broker Reference #: 8004-15853

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Business Overview:

This Profitable Neighborhood Healthy Pet Store specializes in the most natural and nutritious foods for pets. The store's mission is to improve the lives and health of pets through nutrition. Proven a Recession-Proof and Essential Business, it is profitable even in this pandemic. It is located in a prosperous neighborhood. The Seller works in the store daily and has built the store into the place where customers seek information and share their needs and concerns. This is an energetic and fun shop with low to no labor costs.

The well-stocked inventory is included in the purchase price. It is truly Turn-key and ready for a new owner to make money from day one.

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Property Features and Assets:

The store is located in the same location since 2002, in this waterfront community considered one of the best places to live in Washington. It is rated A+ as a community for many moderate-to-high income families and young professionals. The store is surrounded by high-end single family homes with many pet owners willing and able to spend on their pets. Rent is $2,770 per month which is very favorable in this highly desired and popular location. Assets= 50,000

Market Competition and Expansion:

It is thriving and growing. Sales have grown nearly 25% over the last three years. It competes well with big box stores because customers appreciate the advice and suggestions that they cannot get from other retailers. It has many regular customers. The healthy and natural approach to taking care of pets is a top priority to people in this neighborhood. It is the go-to place for advice ad suggestions. Pet owners are becoming aware of the importance of a good diet to maintain and promote the health and fitness of their pets. The Pet Stores industry will continue to capture more consumer dollars from pet owners over the next five years as pets are increasingly treated as members of the family, thereby encouraging the purchase of higher priced, premium pet food products. This store serves a niche and it and the pet food market is expected to continue to fare very well. An increase in pet ownership has also been seen during the pandemic.

Reason for Selling:

Moving out of state.

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 not a franchise resale opportunity.

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