NOT DISCLOSED, Wisconsin
| Asking Price |
$385,000 |
Year Established |
2010 |
|
| Annual Revenue |
$979,264 |
Reason for Selling |
Retirement. |
|
| Annual P/L |
$0 |
Attention |
Patrick McAdams |
|
| Annual Cash Flow |
$135,288 |
Listing Number |
1014836 |
|
| # of Employees |
2 |
Business Category |
Retail: Pet Stores & Services |
|
Business Overview:
This well-run pet store is now available for sale. Located between Milwaukee and Madison, the store has been in existence for 18 years and has a great customer following. They sell everything for dogs, cats, lizards, and other small animals. The owner is looking to retire and pass the business onto someone that loves animals and wants to run a retail store.
The store is open very limited hours and has a great employee that will transition to new ownership. The owner works 4 days a week, around 10 hours a day, and overlaps some workdays with the employee. The store is open 6 days a week, they are closed on Sundays.This gives a new owner scheduling flexibility.
Property Features and Assets:
<p>The business resides in a strip mall near other retail stores. The store is approximately 5,000/SF. The lease is thru August 31, 3030. It is a NNN lease and the landlord is willing to extend the lease for a new owner.</p><p>Current lease rate is $2870.88/month or $34,450/annually. </p><p>Assets = $115,000</p>
Market Competition and Expansion:
<p>The business is the only dedicated store in the area for pet supplies. Other competition includes Wal-Mart, Pick'n'Save, and Tractor Supply. <br></p><p>A more aggressive marketing campaign and more store hours could lead to growth of revenues. It may require adding more employees to staff longer hours.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity