MergerPlace

Pet Food Store

Washington (King)


  • Asking Price: $179,000
  • Gross Income: $386,434
  • Cash Flow: $81,454
  • Real Estate: Not Disclosed
  • Inventory: $30,000
  • FF&E: $20,000
  • Listing ID: #222384
  • Established: 2002
  • Employees: 1 FT

Business Description

This Profitable Neighborhood Healthy Pet Store specializes in the most natural and nutritious foods for pets. The store's mission is to improve the lives and health of pets through nutrition. Proven a Recession-Proof and Essential Business, it is profitable even in this pandemic. It is located in a prosperous neighborhood. The Seller works in the store daily and has built the store into the place where customers seek information and share their needs and concerns. This is an energetic and fun shop with low to no labor costs.

The well-stocked inventory is included in the purchase price. It is truly Turn-key and ready for a new owner to make money from day one.


Business Details

Primary Business Category: Services - Other Services
Location: Washington
County: King

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT

Financial Information

Asking Price: $179,000
Gross Revenue: $386,434
Cash Flow: $81,454
FF&E: $20,000
Inventory: $30,000
Seller Financing Available: No

Property Information

Facilities:

The store is located in the same location since 2002, in this waterfront community considered one of the best places to live in Washington. It is rated A+ as a community for many moderate-to-high income families and young professionals. The store is surrounded by high-end single family homes with many pet owners willing and able to spend on their pets. Rent is $2,770 per month which is very favorable in this highly desired and popular location.

Growth & expansion opportunities:

Pet owners are becoming aware of the importance of a good diet to maintain and promote the health and fitness of their pets. The Pet Stores industry will continue to capture more consumer dollars from pet owners over the next five years as pets are increasingly treated as members of the family, thereby encouraging the purchase of higher priced, premium pet food products. This store serves a niche and it and the pet food market is expected to continue to fare very well. An increase in pet ownership has also been seen during the pandemic.

Competition:

It is thriving and growing. Sales have grown nearly 25% over the last three years. It competes well with big box stores because customers appreciate the advice and suggestions that they cannot get from other retailers. It has many regular customers. The healthy and natural approach to taking care of pets is a top priority to people in this neighborhood. It is the go-to place for advice ad suggestions.

Reason for selling:

Moving out of state.

Support & Training:

Will train for 1 week @ no cost It carries the highest quality pet foods with a special focus on raw-frozen food, natural pet foods, treats, toys, litter, leashes & collars, etc. It works with pet owners to find a diet that best suits their pet's needs. No special licenses or experience is required other than the abundance of love of pets and their owners. Providing personalized customer service is key.

Contact Business Seller

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Business Listed By:

Judy Elrod

Murphy Business Brokers