MergerPlace

Established Pet Food & Supply Store

Washington, District of Columbia


  • Asking Price: $195,000
  • Gross Income: $845,339
  • Cash Flow: $97,810
  • Real Estate: Not Disclosed
  • Inventory: $70,000
  • FF&E: $22,275
  • Listing ID: #206143
  • Established: 1997
  • Employees: 3

Business Description

Great opportunity to own an independent neighborhood store that’s considered the “go to” place for pet food, treats, toys, and more! The business has won numerous awards and has been highlighted in dozens of articles, television features, and is commonly recognized as one of DC’s top small businesses in their industry. They offer a wide variety of products including toys, natural/holistic food, raw diets, treats and supplies for both dogs and cats that are usually not found in big box stores or grocery stores. The company’s website is enabled for e-commerce allowing customers to place orders online creating an additional revenue stream outside of the brick and mortar business.

The business has an excellent reputation in the market for customer service and product knowledge. They engage in several community outreach services including hosting adoption events every Saturday and Sunday, which brings new customers to the store and generates new clients. The business was purchased by the current owner in 2012, but has been a staple in the market for over 20 years. The surrounding area has a very large and growing pet population with numerous pet friendly condos and apartments being built.

This opportunity is well-suited for a new owner who will be hands-on and actively working in the store. They should ideally be an avid animal lover and enjoy involvement in the community. The business would also make a good addition to an existing multi-store-chain looking to expand market share. Current owner is not absentee, but has taken a step back from day to day in store operations (note cash flow claimed is for an active owner operator). They handle all administrative responsibilities including payroll, advertising and accounting. Don't let this opportunity pass you by and contact us today!


Business Details

Primary Business Category: Retail Trade - Pet Supplies
Location: District of Columbia
Metropolitan Area: Washington

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3

Financial Information

Asking Price: $195,000
Gross Revenue: $845,339
Cash Flow: $97,810
FF&E: $22,275
Inventory: $70,000
Seller Financing Available: Yes

Property Information

Facilities:

Located on a prime strip near the bustling Eastern Market neighborhood of Washington, DC. The business is situated in a traditional city block surrounded by upscale restaurants that attract many people from around the area.

Growth & expansion opportunities:

A new owner can increase sales by dedicating more time and resources to marketing/advertising. They also might consider getting involved in community events as there are many options to create awareness in those areas.

Competition:

There is relatively limited competition in the surrounding area. The only competitor worth mentioning is approximately 1 mile away, but they do not carry the same mix of products.

Reason for selling:

Retiring.

Support & Training:

Seller will provide necessary training and support.

Contact Business Seller

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Business Listed By:

Dustin Zeher

Horizon Business Brokers, LLC