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- RE: Profitable Pet Stores – Two Locations
- Contact: Small Business
Quick Facts
Asking Price: | $1,350,000 | |
Annual Revenue: | $3,584,914 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $595,749 | |
Total Debt: | Not Disclosed | |
FF&E: | $276,270 | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 22 | |
BBN Listing #: | 951105 | |
Broker Reference #: | 861 |
Business Overview:
Established in 2010 and 2020, these Profitable Pet Store Businesses are franchised under a leading franchisor in the pet and pet supplies store industry. The companies provide a diverse mix of products including items for dogs, pets, fish, reptiles, and more. In addition, the Businesses both employ a full-time groomer to further attract new customers. Although the Businesses operate separately, they possess nearly identical operations and employ effective general managers, ensuring a seamless transition process for a potential buyer.
New ownership would benefit from the support provided by the national franchisor, which assists in promoting seamless day-to-day operations. The franchisor offers consistent communication with a District Team Leader (DTL), who serves as the initial point of contact for various questions or concerns. There is a Service Desk system available to the team to support a variety of issues that may arise in daily operations, including online ordering, the electronic invoice system, and point-of-sale problems (IT). The franchisor also provides a Service Desk system to owners who can submit tickets to receive support with higher-level tasks, including marketing strategy, invoice reconciliation, inventory management, and more.
Current ownership operates the Business on a semi-absentee level, new ownership could continue to run the Business in the same way or become more involved with the day-to-day operations. Ownership is seeking to sell in order to move to live closer to family.
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Property Features and Assets:
Two facilities; one 9,000 sq. ft. facility with a dog grooming center, self-service dog wash stations, pet adoption area, community center, and ample retail space. The second 8,500 sq. ft. facility features a dog grooming center, cat adoption area, as well as ample retail space.
Market Competition and Expansion:
Investment Highlights Include:
(1) Nearly Identical Operations Between Two Locations
(2) Locally Owned with Franchise Brand Recognition
(3) Strong Vendor Relationships
Growth Opportunities:
(1) Recapturing Customers Affected by Construction
(2) Open Additional Location
Customer Outreach
Reason for Selling:
Owner is seeking to sell in order to move to live closer to family.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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