20-Year Old Established Retail Pet Supplies And Grooming Store

Delaware
listing image
Gross Revenue:$2,300,000
EBITDA:$125,000
Rent:$240,000/Year
BUSINESS DESCRIPTION

Founded in 1998, this Company provides the largest full line Pet Store experience in (Delaware). This is accomplished by a professional team that specialize in all aspects of family pets and pet products. The Company has developed a strategy focusing on each individual clients and their pet’s needs, primarily focusing on high-end/premium foods, designer pet accessories, and luxury grooming. This Company also specializes in animal sales from puppies, kittens, bunnies, fish, and many other small pets that has allowed them to become a complete full line pet store.

This Company services clients located primarily within Delaware, Maryland, New Jersey, and Pennsylvania. The Company also has an existing online platform that allows clients to order and pick up items at the store. This could be expanded to online delivery to rapidly expand the business.

The company is run by experienced, knowledgeable, and professional team that stay up to date with current standards and trends to always find the perfect fit for their clients. The company’s growth and success have been built through a superior reputation for identifying their client’s needs and being a trusted guide to their clients, which drives an outstanding demand through a 80% reoccurring customer rate.


DETAILED INFORMATION
Location
Delaware
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
13,400
Lease Expiration
31/12/2024
Facilities
The Company operates from a 13,400 square foot retail facility that is primarily retail and a brand new grooming facility that is currently rented at fair market value.
Competition
The Company has 20+ years of a superior reputation backed by quality service, brand recognition, and loyal customers. This success is due to trained and skilled professionals who have extensive experience within the full line Pet Store space.
Growth & Expansion
Several opportunities exist for the company to experience rapid growth in revenue and profit by increasing its market share in the online retail space, where these opportunities are easily attainable with a minimal capital investment.
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Corey Painter
Generational Equity, LLC
Corey Painter