MergerPlace

Upscale Pet Store and Fresh Baked Treats

Oklahoma (Oklahoma)


  • Asking Price: $170,000
  • Gross Income: $339,976
  • Cash Flow: $6,273
  • Real Estate: Not Disclosed
  • Inventory: $42,890
  • FF&E: $78,069
  • Listing ID: #218496
  • Established: 2017
  • Employees: 6 PT

Business Description

This Pet supply and Dog treat store is a favorite stop for local clientele and visitors alike. Anything one needs to pamper and feed a pet is here. This business is a pet lovers dream and is a highly original business model that has just become available for acquisition. The business stocks and sells pet food, treats, fresh baked treats, toys, grooming supplies, beds and other accessories for dogs. This first class Pet Store and Pet treat business offers premium dog food in-stock, specialty and nationally known healthy treats and supplies as well as local chews and collars. The business features decorated baked dog treats made from all natural human grade ingredients, unique merchandise including all-natural chews and toys made in the US, natural and organic dog food and unique training and toy products. This is a Pet store and Fresh Baked bakery and retail boutique store that is the definition of a "turn-key" opportunity. The store presentation is simply fabulous and is a "must see".

• The business is well established and widely known with substantial repeat business.

• There is plenty of upside potential by adding grooming services.

• The business keeps excellent books and records.


Business Details

Primary Business Category: Retail Trade - Pet Supplies
Location: Oklahoma
County: Oklahoma

Company Information

Year Established: 2017
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 6 PT

Financial Information

Asking Price: $170,000
Gross Revenue: $339,976
Cash Flow: $6,273
FF&E: $78,069
Inventory: $42,890
Seller Financing Available: No

Property Information

Facilities:

This is a leased location of 1800 square feet with a lease that ends 07/2022 with two 3 year lease options. The lease can be assigned upon landlord approval. The Seller is active in the business with 6 Part Time employees including the owner. The business is located in a busy, well known neighborhood retail center within an affluent community in Oklahoma County. The center is anchored nearby by several well known national and regional tenants that include a high-end supermarket, national pharmacy, regional bank and several major chain and regional restaurants.

Growth & expansion opportunities:

Additional growth can be achieved by introducing new services such as dog grooming and online sales. The sellers believe that the profitability of the business will increase dramatically by adding grooming services and adding online sales. Hours of operation are 10am-7pm Mon-Sat and 12pm-5pm on Sunday. A new owner can extend those hours if they chose to do so.The business enjoys a consistent 4.9/5 star reviews on Yelp and Google.

Competition:

The business has only one "competitor" located within a 3 mile radius of their location. None of the local competition offers the same level of quality products and chef prepared baked goods as this business. In addition, the local Big Box competition is limited as no Big Box Pet Supply Stores are in the area. This business enjoys a committed and loyal local clientele as proven by the large number of Friend and Followers on social media sites. This Pet store and Fresh baked treats business holds a perfect niche in this industry that no one has been able to duplicate. According to IBISWorld Industry Report; Changing demographics in the domestic population will boost industry growth over the next five years. In particular, a growing share of the baby-boomer population that is increasingly crossing the retiring threshold will increase demand for pets and pet-related products. As retired baby boomers are not occupied by full-time jobs, they tend to adopt pets or place higher emphasis in pampering pets if they already own them. Thus, this demographic will likely drive up industry revenue over the five years to 2024.

Reason for selling:

The Owner is employed FT in his career and has other business interest. The current owner will provide 2 weeks of no cost training and an additional 2 weeks on-call training at no cost as well. Additionally, the Franchise Company will provide 1 week of training at the company headquarters.

Support & Training:

Will train for 2 weeks @ no cost. Crafted from scratch in small batches, the trained pastry chefs use only simple, real ingredients, slow baking each recipe to lock all the delicious flavors and nutrients. This Specialty Pet Store has been making Dogs and Dog Parents happy since opening in 2017 and their mission remains the same –– feed the souls of dogs and the people that love them. Samples of tasty treats, fresh from the oven, are always on hand. An ever-changing selection of unique toys, rawhides and chews, grooming gear and the latest four-legged fashion accessories gives you and your pet plenty to peruse. This specialty pet store prides itself on their seasonal treats, gourmet pastries, even Dog cupcakes and personalized cakes perfect for your Pet birthday's or any time you feel like celebrating your good dog.

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Business Listed By:

Geary Welch

Murphy Business Brokers