This brand was founded in 2016 as a professional pet care company, providing dog walking and pet sitting services to the Greater Manayunk area. With a strong following of loyal customers, they soon realized that this very pet-centric neighborhood was very much in need of a full-service pet store. In 2018, they opened a brick-and-mortar retail shop on the iconic Main Street in Manayunk. The store was such a success that, in 2021, they expanded again into their current location. In addition to selling retail products, this location offers dog self-wash services, adding a revenue stream and reason for locals to bring (and bring back!) their beloved dogs.
LOCATION LOCATION LOCATION!!! The storefront is approximately 2000 sq ft situated on a prime corner lot on Main Street. The vibrant thoroughfare of Main Street in Manayunk has over 275 businesses, including various shops, bars, and restaurants, almost guaranteeing steady foot traffic and brand awareness. The neighborhood is also well-known for its walkability, with a very high walking score of 88 and several nearby dog parks, including Pretzel Park, Manayunk Park and Kendrick Playground.
This is an excellent opportunity for someone already in the industry to expand their current operations, but it is also manageable for a new operator that is just getting started. The current owner is willing to help transition the business to a new owner, if necessary.
Purchase Price: $200,000
Gross Revenue: $500,000
Annual Cash Flow: $80,000
Inventory: $60,000 (approx. and not included in purchase price)
In 2023 Americans spent $143.6 BILLION on their pets. The pet industry is unique in its resilience to economic recessions and downturns. In comparison to other consumer goods and services, the pet industry has held up remarkably well during recent market declines.
Pending SBA pre-approval.
