Seller's Contact Information
- RE: Pet Supply Store For Healthy & Nutritious Products
- Contact: Walter And
Quick Facts
Asking Price: | $299,500 | |
Annual Revenue: | $499,503 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $56,738 | |
Total Debt: | Not Disclosed | |
FF&E: | $50,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2019 | |
Employees: | 3 | |
BBN Listing #: | 934955 | |
Broker Reference #: | 071921-685310 |
Business Overview:
Semi-Absentee Pet Supply Store for Healthy & Nutritious Products
Amazing opportunity in a hot industry where more than two-thirds of U.S. households own a pet! Asking Price includes $90K of inventory. This successful pet retail store that emphasizes natural nutrition and carries brands not found in grocery or big box stores, as well as unique toys, treats and supplements. Their loyal customer base is due to the level of service, knowledge, and quality of products. If you are a lover of our four-legged family members, why not do what you love for those you love? This semi-absentee business has a seller’s discretionary earnings averaging approximately 117K over the past three years. There is dedicated space in the back for grooming services, which was discontinued in late 2021. This business has also established a strong representation in the community by organizing and sponsoring pet-related events in residential areas. Located strategically on a high traffic boulevard not far from a major city-loop highway, this is a must-see specialty shop with revenues close to $500,000 and retail inventory value at almost $90k. The purchaser can be either a part-time owner or operate with a partner.
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Property Features and Assets:
Monthly Rent: $5,800.00
Square Units (Foot, Meter): 1,800
Lease Expiration Date: May 31, 2024, 10:00:00 PM
Facilities: Facing main street near traffic light, new shopping area (within 5 years) near exit for city-loop highway.
FF&E Overview: Refrigerators and shelving plus grooming table and wash tub.
FF&E General Condition: Like new
Market Competition and Expansion:
Competition: There are only 2 other similar shops in the metro area, but more than 10 miles away, and do not offer pet-friendly events in the community
Expansion: New owner could expand products to include other pets (birds, fish, reptiles). Grooming could change from rent to commission and the number of groomers can increase.
Reason for Selling:
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 not a franchise resale opportunity
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