Rapidly Growing Pet Supply/Grooming/Nutritional Consulting

Prescott, AZ
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Asking Price:$930,000
Gross Revenue:$992,922
Rent:$4,590.39/Month
Established Year:2020
Cash Flow:$217,505
Inventory:$52,000
FF&E:$90,000
BUSINESS DESCRIPTION

Rapid year over year growth with consistent profitability. Owners have built a relationship-based business with high customer loyalty and repeat purchases. This business has preferred relationships with high quality pet food suppliers giving them an exclusive offering to clientele looking for healthy pet food and nutritional supplements. The competition is not able to offer the same high quality food product brands, giving this business a significant competitive advantage.
The business also offers a comprehensive range of grooming services and accessories as well, which helps drive sales.
The Prescott area is growing rapidly, and this business is well positioned to continue to grow with the market. Opportunity exists to expand the business into the entire quad cities area so future owners can take advantage of the demand for this product in other local markets.
Owners consult with pet owners about pet nutrition which helps create loyalty and drives sales in the 5,000 plus customer data base. The owners have also established a strong community presence by supporting search and rescue operations and fund raisers for Police K9 units.
Retail location established in one of the top shopping centers in Prescott AZ. High quality tenant improvements and modern graphics give the retail outlet a welcoming and fresh feel. Truly a turnkey operation that is ready for the new owner to take the business to the next level.


DETAILED INFORMATION
Location
Prescott, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,719
Lease Expiration
22/07/2027
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The operations are located in a high traffic shopping center with ample parking. The premises have been improved with modern design, colorful graphics and wood floor. Dog washing and grooming stations are built in with 100 gallon hot water tank.
Competition
The business has grown rapidly from start in July of 2020. 2022 sales were 43% higher than 2021 and 2023 sales were 36% higher than 2022. 2024 is on pace to achieve at least another 20% growth over 2023. The business holds preferred relationships with certain high quality pet food brands which gives them a competitive advantage. The area is also growing rapidly and the median income per household is much higher than the state average.
Growth & Expansion
The shopping center is located in a high traffic area in one of what is called the quad cities area. The is room to expand the operations to the other quad city areas as many customers are traveling to the one site. Overall volume of sales could be driven much higher through expansion since the name and good reputation are already established.
Financing
Seller will consider some carryback financing with significant down and financial qua
Support & Training
Owners will provide support and training for up to 90 days and they are willing to continue the relationship as a consultant for ancillary business support services.
Reason for Selling
Owner is semi retiring but wishes to continue to provide nutritional consulting.
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Nick
Malouff
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Nick Malouff