MergerPlace

Pet Store in Super Location

New York


  • Asking Price: $350,000
  • Gross Income: $640,245
  • Cash Flow: $205,668
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $20,000
  • Listing ID: #202148
  • Established: 1999
  • Employees: 1 FT / 5 PT

Business Description

A turnkey pet supply business that has grown every year under current ownership. The business is generating excellent margins and profitability. The store is in a high walk-by traffic location and is able to display their merchandise with excellent visibility to passing shoppers.


Business Details

Primary Business Category: Retail Trade - Pet Supplies
Location: New York

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 5 PT

Financial Information

Asking Price: $350,000
Gross Revenue: $640,245
Cash Flow: $205,668
EBITDA: $158,737
FF&E: $20,000
Inventory: $40,000
Seller Financing Available: Yes

Property Information

Facilities:

The store is located in a busy shopping area directly adjacent to stores that generate significant walk- by traffic. The business occupies approximately 3,000 sq. ft. of retail space. The store has high visibility to shoppers who pass by the area. There is a large parking area that offers convenient access. The store is cheerful, well stocked, with nicely displayed foods and pet accessories. Pets run free during store hours in a contained area near the front window, which draws the attention of shoppers passing by. The facility including fixtures, furniture and equipment are in good condition. However, a paint job would enhance the aesthetic appeal.

Growth & expansion opportunities:

~Close contact with key vendors to obtain highly marketable pets and supplies. ~Knowledgeable staff ~Good customer service ~No competition in immediate area ~Good inventory management: variety and amount of stock The location generates increased sales over time with the current business model. A broader Internet presence and a strong social media strategy could be beneficial in increasing consumer awareness and sales.

Competition:

There are several area pet shops that sell pet foods. However, this business has an inventory mix that has enabled it to generate consistent sales growth along with attractive profitability despite the competition.

Reason for selling:

Health concerns

Support & Training:

The seller offers a minimum of 3 weeks of training to assure a smooth transition.

Contact Business Seller

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Business Listed By:

Earle Ingalls

Klassen Ingalls