Pet Food & Supply - Pet Friendly Retail Business

Fairfield County, CT
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Asking Price:$895,000
Gross Revenue:$2,000,000
Rent:$14/SF/Year
Established Year:2019
Cash Flow:$376,000
Inventory:$250,000
FF&E:$100,000
BUSINESS DESCRIPTION

This is an excellent opportunity to invest in a well-established and highly successful pet food & supply retail store located in beautiful Fairfield County, CT. This store is a gem and occupies a prime location in a bustling shopping center, offering high visibility in a charming suburban town. It has strong sales and income, ample parking, room for service expansion, and a very favorable lease, this business is poised for continued success.

 The business specializes in offering a wide variety of high-quality, all-natural dog and cat foods, treats, and a comprehensive range of pet care products at highly competitive prices. The spacious, modern retail space is meticulously stocked to meet the strong demand for premium pet foods. The store attracts loyal customers from surrounding towns by providing quality products at reasonable prices. The business is staffed with pet-passionate employees ready to offer professional advice.

 One of the standout features is the large, self-service dog wash section, a favorite amenity among customers. Additionally, there is ample space to host various promotional and charitable events, partnering with vendors and the local community to create a vibrant and engaging atmosphere.

The owner has been in the business for many years and is seeking to transition to retirement and a sale of the business at this time. The business is highly successful and staffed with great employees. The location is run with the owner overseeing things and competent co-managers in place to handle the day to day. The seller is committed to providing full support and training after the sale to ensure a seamless transition. This business boasts a stellar location, strong sales and income, dedicated and qualified staff, loyal customer base, industry growth, and the flexibility to be run either by an owner or run semi-absentee, thanks to its robust cash flow.

It represents a fantastic opportunity for anyone looking to invest in a thriving business with strong sales, income, and a growing customer base. This business is a community hub for pet lovers and a beacon of quality in the pet food market.


DETAILED INFORMATION
Location
Fairfield County, CT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,730
Lease Expiration
31/12/2029
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Great lease with prime shopping center location. Original lease is 5 years + 5 year option. 5 years remain with option period starting Jan 2025. Rent will be $9 per sq ft or $5,850 monthly base plus cam charges of approximately 5.02 per aq ft or 3,235 monthly. Total rent is about $9,020 starting Jan 2025 through Dec 2029. This is a low rent for a prime location that drives traffic. Landlord will consider a 5-year extension to be able to satisfy SBA lending terms
Competition
Competitive market for pet foods and tis business has a competitive advantage with great employees that provide caring, professional service and a wide variety of all natural pet foods at discounted prices, both of which have built a loyal following.
Growth & Expansion
Continued growth is expected with following the sellers marketing and maintaining vendor community engagement to stay connected and on people's minds as well as to host promotional and charitable events that help to keep the business a hob for pet owners in the community. The business has room to grow and even space to add some unique amenities like a pet friendly cafe.
Financing
SBA Preapproved with 10 to 15% down, including inventory
Support & Training
Full training and support after the sale is available from the seller. The business comes with two full time co-managers to also assist in at transition. Owner spends about 30-35 hours weekly overseeing operations.
Reason for Selling
Retirement
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Paul
Vassallo
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Paul Vassallo