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Profitable Pet Stores – Two Locations For Sale

Michigan, US
Asking Price:
$1,350,000 Furniture / Fixtures included
Sales Revenue:
$3,584,914
Cash Flow:
$595,749

Established in 2010 and 2020, these profitable pet store businesses are franchised by a leading franchisor in the pet and pet supply store industries. The companies provide a diverse mix of products, including items for dogs, pets, fish, reptiles, and more. In addition, the businesses both employ a full-time groomer to further attract new customers. Although the businesses operate separately, they possess nearly identical operations and employ effective general managers, ensuring a seamless transition process for a potential buyer.

New ownership would benefit from the support provided by the national franchisor, which assists in promoting seamless day-to-day operations. The franchisor offers consistent communication with a District Team Leader (DTL), who serves as the initial point of contact for various questions or concerns. There is a service desk system available to the team to support a variety of issues that may arise in daily operations, including online ordering, the electronic invoice system, and point-of-sale problems (IT). The franchisor also provides a service desk system to owners who can submit tickets to receive support with higher-level tasks, including marketing strategy, invoice reconciliation, inventory management, and more.

Current ownership operates the business on a semi-absentee level; new ownership could continue to run the business in the same way or become more involved with the day-to-day operations. The owner is seeking to sell in order to move closer to family.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and the sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK OR A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL.

Once we receive your NDA, the confidential business review (CBR) will be sent to you by the advisor. They will be happy to correspond and answer your questions directly. Thank you for your time!

Property Information

Real Estate:

Lease

Lease Terms:

Two facilities; one 9,000 sq. ft. facility with a dog grooming center, self-service dog wash stations, pet adoption area, community center, and ample retail space. The second 8,500 sq. ft. facility features a dog grooming center, cat adoption area, as well as ample retail space.

Leasehold Rent:

$350,000 per annum

Location:

Two Locations: Central & West Michigan

Premises Details:

Two facilities; one 9,000 sq. ft. facility with a dog grooming center, self-service dog wash stations, pet adoption area, community center, and ample retail space. The second 8,500 sq. ft. facility features a dog grooming center, cat adoption area, as well as ample retail space.

Business Operation

Expansion Potential:

Growth Opportunities:
(1) Recapturing Customers Affected by Construction
(2) Open Additional Location
(3) Customer Outreach

Competition / Market:

Investment Highlights Include:
(1) Nearly Identical Operations Between Two Locations
(2) Locally Owned with Franchise Brand Recognition
(3) Strong Vendor Relationships

Reasons for selling:

Owner is seeking to sell in order to move to live closer to family.

Employees:
22
Years established:
14

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Ownership is willing to provide reasonable and customary transition assistance.

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

Limited seller-financing is available for qualified buyers.

Furniture / Fixtures value:
$276,270 - included in the asking price
Inventory / Stock value:
$476,679