Upscale Pet Boutique and Grooming

Bradenton, FL (Manatee County)

Store owner and official greeter

Asking Price:$40,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$10,000

Inventory:$15,000*

Lease Rate/Sq. Ft.:$18

Established:2014

*not included in asking price.

Upscale Pet Boutique and Grooming

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Business Description

Unleashed for Pets - Pet Boutique

Unleashed For Pets is dedicated to the health, care and happiness of dogs and cats. Offering the highest quality all natural, biologically and nutritionally appropriate pet foods, treats and supplements; plus toys, accessories and unique gifts for pet lovers.
Unleashed for Pets also offers a rare grooming facility one without kennels/cages; we take your furry family members by appointment only which allows for a timely and less stressful experience.

Opened May 2, 2014, the store was an immediate hit with area pet owners. The store hit break-even sales in August 2014 and generated $103,000 in sales its first twelve months. Second year sales grew 39% to $143,000. Monthly sales continue to grow versus the prior year at an increasing rate. April 2016 sales exceeded $15,000 - up 85% versus April 2015.

Much of the sales growth is the result of simply responding to consumer needs. In July 2015, full-service pet grooming was added to the mix of products and services delivered. Grooming has brought new customers and new sales to the store. Non-anesthesia dental services are provided every six to eight weeks through a unique co-marketing effort with a holistic veterinarian. A mobile dental van parks at the store for a full day of dental care. Again, meeting our consumer's needs is driving positive sales growth.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,300
Lease Expiration:
4/15/2017
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1,300 sq ft of leased retail space, ground floor, in the middle of Lakewood Ranch Main Street. A custom check-out desk built from reclaimed wood with natural tree branches for legs compliments the unfinished wood display shelving. Bright Florida beach colors create a welcoming tropical environment that fits perfectly in this upscale community. The POS system is a cloud-based tool designed specifically for retailers and integrates with Quickbooks Pro to manage inventory, facilitate restocking orders, track sales and create financial statements.
Competition:
There is a small grooming business approximately 3 miles away offering a limited selection of pet food and treats. The next close true competitor is another holistic pet food store approximately 5 miles and 15 minutes drive away. Further than most customers want to drive for pet food. No other retail offers the same mix of gifts for pet owners, pet food, treats, accessories and grooming as Unleashed for Pets. The current lease gives Unleashed for Pets exclusive rights to sell its products and services on Lakewood Ranch Main Street.
Growth & Expansion:
Consumer spending on pet food, treats and accessories exceeded $26 billion in 2015 - up 5% from 2014. Sales are driven by higher income consumers. Lakewood Ranch demographics favor pet ownership - the 34202 zip code has approximately 1,800 households with dogs or cats! Surrounding zip codes are similarly rich with pet owners.
Support & Training:
Owner will facilitate a transition of up to one month with an acceptable offer to buy the business.
Reason for Selling:
Retirement
Business Website:
http://www.UnleashedForPets.com

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Business Listed By:
Eric Zitelli

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