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Pet Stores & Supplies
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Successful Pet Supply Store For Sale

Wisconsin, United States
Asking Price$385,000
Revenue$979,264
EBITDA-
Cash Flow$135,288
Description
This well-run pet store is now available for sale. Located between Milwaukee and Madison, the store has been in existence for 18 years and has a great customer following. They sell everything for dogs, cats, lizards, and other small animals. The owner is looking to retire and pass the business onto someone that loves animals and wants to run a retail store. The store is open very limited hours and has a great employee that will transition to new ownership. The owner works 4 days a week, around 10 hours a day, and overlaps some workdays with the employee. The store is open 6 days a week, they are closed on Sundays. This gives a new owner scheduling flexibility.
Real Estate
Rent is $2,870 per month
Building Size: 5000 sq. ft.
Furniture Fixtures & Equipment
$15k
Inventory
$100kIncluded in Asking Price
Number of EmployeesFull-Time: 2
Year Established
2008
Reason Selling
Owner wants to retire
Facilities & Assets
The business resides in a strip mall near other retail stores. The store is approximately 5,000/SF. The lease is thru August 31, 3030. It is a NNN lease and the landlord is willing to extend the lease for a new owner. Current lease rate is $2870.88/month or $34,450/annually. Inventory of approximately $100,000 and all FF&E is included. The owner has worked the past few month to reduce old inventory and poor sellers so that the inventory that a new owner inherits is good/current inventory.
Support & Training
Owner will help train the new owner with a mutually agreeable transition period.
Market & Competition
The business is the only dedicated store in the area for pet supplies. Other competition includes Wal-Mart, Pick'n'Save, and Tractor Supply. Word of mouth, social media, repeat customers, foot traffic from other stores.
Growth Opportunities
A more aggressive marketing campaign and more store hours could lead to growth of revenues. It may require adding more employees to staff longer hours.
Financing Options
Seller may be open to offering seller financing to a qualified buyer.
Asking Price$385,000
    Business for Sale: Successful Pet Supply Store For Sale | Tupelo Marketplace