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Listing ID: 2828921

Established Pet Food & Supply Store In DC For Sale

Washington DC, District of Columbia, United States

$ 195,000

(Furniture / Fixtures included)

Revenue: $ 845,339

Cash Flow: $ 97,810

Business Description

Great opportunity to own an independent neighborhood store that’s considered the “go to” place for pet food, treats, toys, and more! The business has won numerous awards and has been highlighted in dozens of articles, television features, and is commonly recognized as one of DC’s top small businesses in their industry. They offer a wide variety of products including toys, natural/holistic food, raw diets, treats and supplies for both dogs and cats that are usually not found in big box stores or grocery stores. The company’s website is enabled for e-commerce allowing customers to place orders online creating an additional revenue stream outside of the brick and mortar business.

The business has an excellent reputation in the market for customer service and product knowledge. They engage in several community outreach services including hosting adoption events every Saturday and Sunday, which brings new customers to the store and generates new clients. The business was purchased by the current owner in 2012, but has been a staple in the market for over 20 years. The surrounding area has a very large and growing pet population with numerous pet friendly condos and apartments being built.

This opportunity is well-suited for a new owner who will be hands-on and actively working in the store. They should ideally be an avid animal lover and enjoy involvement in the community. The business would also make a good addition to an existing multi-store-chain looking to expand market share. Current owner is not absentee, but has taken a step back from day to day in store operations (note cash flow claimed is for an active owner operator). They handle all administrative responsibilities including payroll, advertising and accounting. Don't let this opportunity pass you by and contact us today!

Property Details

Years Established:

1997

Property Type:

Lease

FF&E:

$ 22,275

Inventory Value:

$ 70,000

Other Details

Business Location:

Located on a prime strip near the bustling Eastern Market neighborhood of Washington, DC. The business is situated in a traditional city block surrounded by upscale restaurants that attract many people from around the area.

Competition:

There is relatively limited competition in the surrounding area. The only competitor worth mentioning is approximately 1 mile away, but they do not carry the same mix of products.

Expansion Potential:

A new owner can increase sales by dedicating more time and resources to marketing/advertising. They also might consider getting involved in community events as there are many options to create awareness in those areas.

Operation Details

Employees:

3

Support & Training:

Seller will provide necessary training and support.

Miscellaneous

Financing Available:

Yes
Available depending on the final purchase price, terms and qualifications of the buyer.

Reason For Selling:

Retiring.

Contact this seller

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