Pet Supply Business-Price Decrease-Profitable Company-Regional Leader

North Kingstown, RI (Washington County)

Pet Supply Business-Price Decrease-Profitable Company-Regional Leader
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Asking Price: Get Financing: $439,000

Cash Flow: $115,000

Gross Revenue: $589,341

EBITDA: N/A

FF&E: N/A

Inventory: $20,000

Established: 2010

Pet Supply Business-Price Decrease-Profitable Company-Regional Leader

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Business Description

Full service pet supply store for dogs and cats offering premium food products, grooming, obedience training, accessories, toys, and self washing for dogs. High traffic location. Two story store located next to major municipal office overlooking lake.

Revenues in 2017 were $589,341 and with seven months finished in 2018 revenues are projected higher again this year. Latest proforma projects $115,000 Owners Cash Flow net of grooming business recently ended. New Buyer can restore the grooming.

Beautiful free flowing 5,000 sf store. Very well vented. Over 2,300 skus.

Sale does not include name, intellectual property assets such as trademarks, van, website, and intellectual property inventory.

Assets included in sale include $20,000 of inventory. Detailed asset list will be provided. 2,300 skus. Six employees including daughter of Owner.

Who should buy this business?

Strategic operator seeking market share in Washington County,Rhode Island.

Pet Store manager ready to "graduate"to their own business.

Pet loving family seeking a multiple family member employment opportunity.

Detailed Information

Inventory:
Included in asking price
Employees:
7
Facilities:
5,000 two story facility with large glass windows overlooking lake and busy street (opposite side)
Competition:
Large chains lacking the breadth of services and premium products.
Growth & Expansion:
Educational seminars for dog owners. Expand operating hours. Add additional in store events as well as additional adoption events.
Support & Training:
Two weeks. Owner then willing to consult for approximately sx months.
Reason for Selling:
Other business in nearby town.
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Contact the Seller

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Robert Flynn

Business Listed By:
Robert Flynn

United Brokers Group LLC

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

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