PLYMOUTH, Massachusetts
| Asking Price |
$550,000 |
Year Established |
2020 |
|
| Annual Revenue |
$2,409,670 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Brian Brattigan |
|
| Annual Cash Flow |
$121,454 |
Listing Number |
1016995 |
|
| # of Employees |
5 |
Business Category |
Services: Pet Care & Grooming |
|
Business Overview:
An excellent opportunity to acquire an established Pet Supplies Plus franchise generating approximately $2.4 million in annual revenue. This well-established location benefits from the strength and recognition of a the #1 nationally recognized pet retail brand, a loyal customer base, and the continued growth of the pet care industry.
The location offers high-margin grooming and self-service pet wash services with room to expand. The grooming salon represents the fastest-growing segment of the business, and the owner is currently developing plans to expand from two to four grooming tables. Grooming revenue increased 36.0% year-over-year through July 2026!
This is an ideal opportunity or an owner-operator or strategic buyer looking to enter or expand within the pet retail industry, at a significantly reduced cost basis. The all-in cost to open a Pet Supplies Plus ranges from $536,520 – $1,965,005.
*** Key Highlights ***
--> $2.4 million in annual revenue
--> Ranked #1 Pet Supplies franchise by Entrepreneur Magazine’s Franchise 500
--> High margin revenue through grooming and/or self-service pet wash services with room for expansion
--> Established operations and existing infrastructure already built out, with experienced staff in place
--> Price includes significant saleable inventory
--> Franchisor offers strong support and does not require pet industry experience
Property Features and Assets:
The business operates from an 8,100-square-foot leased facility. The current space has been fully built out and customized for operation of the business.
Market Competition and Expansion:
Pet Supplies Plus participates in a large and resilient U.S. pet care market. Large online retailers compete on convenience, assortment, and price, while national brick-and-mortar chains compete on scale, purchasing, loyalty programs, and service availability. The Plymouth store differentiates itself through a neighborhood shopping experience, in-store services, community events, and free local delivery.
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