71220-High Quality Retail Pet Supply

WA

71220-High Quality Retail Pet Supply

Asking Price:$350,000

Cash Flow:$98,000

Gross Revenue:$718,000

EBITDA:N/A

FF&E:$15,000

Inventory:$50,000*

Rate/Sq. Ft.:N/A

Established:2004

*not included in asking price.

71220-High Quality Retail Pet Supply

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Business Description

Independent pet supply stores thrive as pet ownership rises, pets are seen as family members with wellness and happiness a high priority. Located in western Washington, this specialty retail store provides premium quality pet foods, nutritional supplements, and a variety of other pet supplies to individual pet owners. This pet store thrives by offering unique customer service, nationally-recognized premium brands, and private consultations. New products are screened and all of the products stocked have met certain quality standards. New customers often become regulars after finding their favorite products on store locators through manufacturer websites. The company’s primary products include health oriented dry, canned, and raw pet foods and supplements. Offering these products requires a facility to store and display diverse product lines and accessories with knowledgeable personnel to assist customers. While individuals from the local community represent the majority of sales, 1% comes from online requests or phone orders. The current owners are approaching retirement and ready to see a new owner take the company to the next level.

Established over ten years, this owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. The company has a strong presence in social media and also has a network of over 1100 customers on an email list. This store could see huge growth with the addition of an online catalog to service the extended area. A more aggressive buyer might consider opening additional locations. There is currently a town 15 miles away that doesn't have a pet store of this caliber and could be a prime location for an additional store. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The leased 3,100 square foot strip mall suite is located in a mountainous region of Washington. The facility includes a storefront, large retail showroom, storage area, office space, and plenty of parking for customers and employees. This outdoor paradise is great for biking, hiking, fishing and many other outdoors activities, ideal for dog owners.
Support & Training:
While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.

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IAG

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