Retail - Pet Shops & Supplies

$Seller Financing Available

Asking Price	$130,000	Inventory	$49,300*
Gross Income	$200,000	Real Estate
Cash Flow	$31,000	Year Established	2007
FF&E	$11,000*	Employees	1 ft & 3 pt

* included in the asking price

** not included in the asking price

Pet Boutique for sale

Established, award-winning, unique pet boutique with large & dedicated customer base is ready for a new owner to take it to the next level. Paw Prince caters to pet owners looking for quality food, clothing, beds, treats, toys, collars, accessories & pet-themed gifts, art and items for the home. We specialize in unique, all-natural and eco-friendly products that can't be found in "box stores". We've also established several consignment arrangements with local artists providing a distinctive local flavor. This turnkey business has been in operation for almost 3 years and was named Retailer of the Year-Outstanding Pet Boutique by Pet Product News International. Owners also operate a profitable mobile retail operation at dog shows, farmer's market and other trade-shows throughout the year. (supplies included with sale! gridwall, hooks, tables, displays, tents, signs, totes and more) This well-organized business will provide a fun and profitable work environment for a dog-loving, owner-operator. The grunt work has already been done! Sales figures are up in 20 of the last 21 months. 2009 saw an overall 9% increase in sales over 2008 and 2010 is on track to exceed that. The pet retail industry is an over $43 billion industry with steady projected growth and has proven to be recession resistant. Sale price includes: inventory, fixtures, several custom-built displays, POS System (with gift cards), customer list, website, facebook page, Buy Alaska registration, signage, graphics, advertising templates, (2) TV commercials. Current customers are extremely loyal and are our biggest fans. Constant referrals and aggressive marketing continue to bring in new customers daily. The store has been described as: "adorable, delicious, fun, whimsical, Nordstrom's for your pet" and so on. It's simply a pet lover's paradise. Owner's have been active in the community and supporting non-profit organizations by store-sponsored special events and donations.

Facilities: Shop is located in an attractive and well-maintained strip mall in midtown near one of Anchorage's busiest intersections. Great visibility and access. Ample parking. Tenant pays for Gas and Electric. Current lease expires 11/10. Landlord will negotiate new lease. Leased space is 1400 sq. ft with 1 restroom. New flooring and paint. Current hours of operation are M-Sa 11am-6pm.

Competition: The business enjoys a great niche and is one of a kind in the area. The store offers several exclusive lines. Only one of the other 3 local pet supply stores is locally-owned.

Growth/Expansion: Potential for growth exists with on-line sales, adding new food and inventory lines, expanding mobile sales operations, increased marketing, additional special events, increased store hours and/or adding ancillary services. The business has had exposure on TV, local and national magazines, newspapers and online (including a professional, monthly newsletter).

Seller Financing Available: Yes

Financing: Will consider owner financing

Support/Training: Training available to approved buyer. Owners available for consulting following sale.

Reason Selling: Owner relocating. Serious inquiries only, please.