Denver County, CO Pet Stores and Supply Businesses For Sale

Pet Stores and SuppliesColoradoDenver

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Pet,Puppy & Accessories Retailer,2 Denver Locations,Licensed BreedersKnowledgeable Employees, Growth Potential, Clean Stores
$800,000Cash Flow: $291,800Seller Financing
Pet,Puppy & Accessories Retailer,2 Denver Locations,Licensed BreedersKnowledgeable Employees, Growth Potential, Clean Stores

Denver, CO

PET STORE SPECIALIZING IN PURE BREED PUPPIES FROM PROPERLY LICENSED VENDORS WITH GREAT REPUTATIONS 2 Locations in the Denver Metro area The trailing 12 months from June 1 2017 to May 31 2018 had earnings of 291,813 on revenues of 1,279,920. 2017 had earnings of 308,376 on revenues of 1,245,516. This means that this company is selling for 2 ¾ time the earnings. The company’s top and bottom line has steadily grown. All retailers best time of year is over the Holidays and this is no exception. Getting this bought by November would greatly benefit a buyer and insure a great start in both profits and cash flow. It is considered a fun business to own and gives the new owner the ability to bring in rescue kittens also. They are a licensed Colorado pet store under PACFA which is the governing body underneath the dept of agriculture. They support licensed, legal, no cruelty breeders who breed for temperament and companionship. They must exceed all guidelines pertaining to the health, care, and well being of their animals. They specialize in selling high quality purebred and hybrid puppies and the supplies that typically go with them. They have good long term relationships with 5 breeders in 3 surrounding states where they buy most of their puppies and get their supplies from 2 vendors. The new owner can continue to expand by either adding other locations both in or out of state, increasing inventory, adding other animals like kittens, adding additional products. They can add pet grooming also. The owners can help a new owner do all of this. This business is well established and has many long-standing customers and referral relationships which means Recurring Revenue which always supports a higher multiple. They also get a lot of repeat business and referrals. Plus this business will not change after the sale based on their reputation and location. They have customers that have bought as many as 4 dogs from them and many customers come back to buy the same puppy food from them so they don’t have to change brands for their dogs who love it. ______________________________________________________________________________________ The sales price is 800K plus their cost of inventory which is currently around $45,000 and varies. The seller is willing to carry 10% to 20% of the purchase price for a qualified buyer. This should qualify for a bank loan with $85K which is the currently required down payment of 10% for the banks plus working capital. ______________________________________________________________________________________ Brief Overview and Deal Points: They have a very knowledgeable staff with a General Manager that has a bachelor’s degree in animal care. He/She knows how to take care of all of the animals including the hypoallergenic and non-shedding breeds. The stores don’t open until 11AM, close at 7PM, and are open 7 days a week. The new owner needs no experience and can easily get their own license quickly based on the condition of the stores and their history. One store is 1300 square feet and the other location is 1,500 square feet both have triple net leases that can be assumed. Both stores have security cameras and plenty of parking. Both can accommodate more employees and future growth. Each store has a washer and dryer, prep room with a special tub for washing animals, bathroom, and a big showroom with Kennels Petters. One location has a large “play area” for the dogs to run around in and to visit with potential buyers. Marketing and Growth Potential: They don’t do any traditional outgoing advertising like newspaper, radio, or mailers. Just referrals, walk ins, and the website. They get a lot of their business off of their website which is always kept up to date and also shows what breeds are expected each week. They use Google Adwords and keywords and are well positioned on the internet. They don’t sell anything online and have thought about selling supplies that way but have not looked into it. They also train employees to listen to customers to properly match them to the right breed. Adding locations would contribute to the advertising budget. Adding grooming would give them more exposure. They also would like to bring in rescue kittens and other small pets. Adding space in their Park Meadows location would be helpful along with a location closer to the middle of town. The new owner believes there will be no issues in the transition as long as the quality of service and advice that they give does not change after the transition. ______________________________________________________________________________________ Thank you for your consideration. Sincerely, Jeff Chapman Eisnaugle Direct 303-905-7607 Office 303-284-7025 Fax 720-524-6482 This is prepared by Company Broker Group with information provided by the Seller. It was not created by the seller and neither the Broker or the Seller are responsible for its accuracy. Buyers are responsible for their own due diligence. Neither the Broker or the Seller will indemnify or guarantee any forward looking statements or projections. The information contained in this e-mail message is confidential and may be protected from disclosure. Please be aware that any other use, printing, copying, disclosure or dissemination of this communication may be subject to legal restriction or sanction. If you have received this e-mail message in error, please reply to the sender and delete it from your computer. Different Brokerage relationships are available which include Seller agency, buyer agency, or transaction – brokerage. Brokerage disclosure to Buyer or Tenant of Property. Definition of working relationships. Seller's Agent: a seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost good faith, loyalty, and fidelity. The agent negotiates on behalf of and ask as an advocate for the seller. The seller's agent must disclose to potential buyers all adverse material facts actually known by the seller's agent about the business/property. A separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller. Buyer’s Agent: a buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good faith, loyalty and fidelity. The agent negotiates on behalf of an accident advocate for the buyer. The buyer’s agent must disclose to all potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability to perform the terms of the transaction. A separate written by a Buyer agreement is required which sets forth the duties and obligations of the broker and the buyer. Transaction broker: the transaction broker assist the buyer or seller or both throughout a real estate transaction by performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting parties with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-broker must use reasonable skill and care and the performance of any oral or written agreement, and must make the same disclosures as agents about all adverse material facts actually known by the transaction – broker concerning the property or a buyer's financial ability to perform the terms of a transaction and whether the buyer intends to occupy the property. No written agreement is required. Company Broker Group, LLC, and Jeff Chapman Eisnaugle will be operating solely as a “Seller Agent” in all transactions.

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