Broker Name:Steve Hitchcock
Broker Email:steveh@touchstonebiz.com
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Fun Specialty Pet Supply - Established, Loyal Customers
(Retail, Pet Supplies)
Steamboat Springs, Colorado
Listed Price: $ 79,000
Listing ID: 201922

Listing DetailsGross Revenue: $ 454,000
Cash Flow: $ 79,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 60,000
Reason for Sale:

Unrelated professional commitments requiring one spouse to be out of town a lot leaves the sellers short of time to give the business.


Training & Support:

Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.


Listing SummaryBusiness Description:

The business is a specialty pet supply business.  Dog and cat food products are the largest revenue generating products.  Toys, beds and other accessories make up the balance of the business.   Simple operations, loyal regular customer base and steady growth are all here.

 

The business has been established with good systems, excellent POS and has a track record of growing each year in recent years even with a part-time owner.  The financial results are solid and the business is poised to become a solid income earner business for a full-time owner operator.  It offers the buyer a chance to participate in the Steamboat business community, earn a living working with a business category that has passionate customers and enjoy the success of a healthy and profitable small business.  

 

This retailer offers the finest quality brands to a discerning and passionate client base of pet owners that shop multiple times per month.  Returning part-time residents as well as full time locals provide a steady revenue stream derived from the sale of premium goods.  The facilities are modern and practical.  

 

Seller is responsible for buying, hiring and marketing as well as working in the store.  For the past few years seller has not worked full time in the business.  

 

Asking price assumes that there would be 60K inventory at closing.  Actual selling price will be adjusted to reflect actual value of inventory whether higher or lower.

 

Please Note:  Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the means to complete a transaction of this size before additional confidential information will be disclosed.


Competition:

There are other retailers of pet supplies that serve this market.


Potential Growth:

It would be possible to move to a larger location in the future if that were desirable.  In particular, additional marketing to acquire new customers and a subscription food service with delivery would help to grow the business.


Financing/Terms:

The Seller has priced this to sell and is looking for a cash buyer.


LocationFacilities:

Leased.  Lease assignment to buyer to be accepted by Land Lord as part of purchase conditions.


OperationYear Established: 2013
Absentee Owner: No