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Locally Owned & Operated Pet Supply Store! (37909) For Sale

Tampa Bay Area Metro, Florida, US
Asking Price:
$185,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,300,000
Cash Flow:
$58,924

Situated alongside the Tampa Bay Area Metro, the business offers over 55 brands of quality pet food and products for different animals, including treats, supplements, frozen goods, chew toys, litter supply, crates, and collars. Featuring a tropical fish room with more than sixty tanks of fish and aquariums, the prime 14,100 square foot retail facility is complete with office space, storage room, and over 13,000 sq. ft. left for retail. The lease expires in 2025 with open renewability. The company also offers nail trimming, Curb Servicing as well as Same-Day Delivery benefits and more! While missing an in-store pet-groomer or mobile care options as ways to improve profits & walk-ins, the facility can accommodate these revenue adding enhancements. With a high-traffic count, there is excellent visibility and convenience for this location. Revenues for 2022 reached approximately $2,300,000 next to Discretionary Earnings of $58,924 showing year-over-year consistency. Experienced and cross-trained personnel of twelve nonunion employees are most likely to remain post-sale and continue operations towards reduced owner involvement, after a smooth transition’s period up to six months. Thanks to an updated Point of Sale system (POS), company’s maintained website and engagement on Yelp or social media help back referral sources from a vast, repeat client base, ensuring stronger commands of market. One could take the business to the next level are available through relations with private labels or local pet brands, as their high ratings, independence of franchise regulations, and years of top reputations promise an ongoing growth! With fair market price and assets included, an existing operation can benefit greatly from this opportunity.

Property Information

Real Estate:

Lease

Lease Terms:

Holds a monthly tenancy of 16,464.

Premises Details:

Inventory is a varying average of $65K.

Size in square feet:
14,100+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday 9AM - 7PM, Saturdays from 9AM to 6PM, and Sundays open 11AM until 4PM.

Employees:
12 nonunion.
Years established:
Started in 1987; Acquired in 2000.

Other Information

Support & training:

Smooth Transition period of up to 6 months towards reduced Owner involvement.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$76,784 - included in the asking price
Inventory / Stock value:
$65,000 - included in the asking price