For Sale

Niche Pet Shop & Supply Store

Business Category: Miscellaneous Retail, Miscellaneous Services, Pet Care & Grooming, Pet Shops & Supplies, Retailing Businesses, Service Businesses
Location: Michigan

Listing Price:

$65,000


Revenue: $394,678
Cash Flow: $19,737

Real Estate Available: For Lease
Reason For Sale: The owner is seeking to sell due to personal circumstances that will impact their ability to maintain an active role in the company.
Number of Employees: 4

This opportunity is a niche pet shop and supply store that caters to dogs and cats in Southeast Michigan. The Company carries high-quality and natural dog and cat foods, treats, toys, and accessories. The Company believes that its customers should not have to compromise on quality when choosing the right food and other products for their pet. The Shop offers an assortment of supplies at a variety of price points.

The Company partners with other local pet centered companies to offer a variety of services such as grooming, dog training classes, and pet massage. For every pet service performed the Company receives a commission.

The Company operates out of a 1,200 square foot space located in a highly trafficked area. Curbside pick-up is available to all customers and delivery is available to local customers.

Opportunities for Growth

(1) Expand Grooming Business: Currently, the Company has a waitlist of 50+ customers waiting to hear back about openings in the grooming schedule. Expanding this side of the business to accommodate for the already present demand would be a smart way to increase the Company’s revenue.

(2) Build Stronger Vendor Relationships: Stronger vendor relationships could allow the Company to receive better pricing on products carried in store and therefore increase profit margins.

(3) Increase Locally Branded Products: The Company has primarily focused on providing day-to-day pet supplies for locals. As the number of tourists visiting continues to increase, there is a growing opportunity to carry and sell exclusive locally branded items.

Investment Highlights

(1) Significant Local Brand Recognition: The Company was the first pet supply and grooming service to open in the area. The Company’s smart branding and unique offerings has attracted an array of loyal customers.

(2) Strong Community Ties: The Company partners with other local companies within the community such as apartment buildings, hotels, animal shelters to host events and expand the Company’s brand awareness.

(3) Customer Loyalty Program: The Company offers a customer loyalty program that works directly with manufacturers and distributors to increase the sales of independent retailers. The promotions are redeemed electronically through the distributor so that the Company receives credit for every product given away.

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