Asking Price:

$59,000

Gross Income:

$101,418

Cash Flow:

$27,527

EBITDA:

N/A

FF&E:

$5,000.00 *

Inventory:

$5,000.00 *

Real Estate:

N/A

Year Established:

2005

Employees:

FT owner, 2 PT

Business Types:

Pet Shops & Supplies
Miscellaneous Retail

* included in the asking price

Business Description

This is a popular community retail pet shop offering live animals, pet supplies, and pet grooming. Steady sales growth (estimated 10% from last year) is being experienced in spite of economic conditions, offering a stable and growing cash flow. As an established business, it presents a turnkey opportunity for a new owner who can immediately realize results and take steps to grow the business even further. The shop is currently located on a busy connector between communities, providing both high exposure and ease of access. However, with a month-to-month lease currently in place, the shop could also be easily relocated to an even more attractive location chosen by a new owner.

Detailed Information

Facilities:

1,250 square feet leased at $500/month (month-to-month). With lease being month to month this business would be easily relocated.

Competition:

There is limited competition in the area, especially within a 5-mile radius of the primary market area for this business.

Growth/Expansion:

This business is already experiencing a stable growth pattern, with a growing customer base and reputation. With the addition of an interactive website, modest marketing, and improvements in the store layout, additional growth is possible. In addition, the option to relocate the shop closer to a higher population area would also create the possibility of added customers. These and other steps, coupled with any improvement in the economy, may result in an exceptional accelerated growth.

Support/Training:

Seller will provide 3-4 weeks of training and transition assistance.

Reason Selling:

Pursuit of other opportunities.