List Price: $460K

Specialty Retail Pet Supply Business For Sale

Sold - Metro Vancouver List Price: $460K

Adjusted Net Income: $175K
Annual Gross Sales: $537K
INVENTORY: $75K – INCLUDED IN PURCHASE PRICE

THIS IS A VERY UNIQUE AND WELL ESTABLISHED RETAIL PET SUPPLY BUSINESS FOR SALE LOCATED IN METRO VANCOUVER. IT HAS BEEN IN BUSINESS FOR OVER 18 YEARS. THEY HAVE DEVELOPED A LARGE AND LOYAL CUSTOMER BASE THAT ROUTINELY PURCHASES THEIR SPECIALTY PRODUCTS. THEIR CUSTOMERS SPAN ACROSS CANADA AS NEARLY 25% OF THEIR REVENUE IS GENERATED FROM ON-LINE SALES. THEY CONSISTENTLY DO IN EXCESS OF $500K ANNUALLY IN SALES, AND EVEN MORE IMPRESSIVELY THE BUSINESS WAS NOT IMPACTED BY THE RECENT RECESSION.

THIS BUSINESS WILL APPEAL TO SOMEONE WHO HAS A GENUINE LOVE FOR ANIMALS AND WHO IS LOOKING TO ACQUIRE A SUCCESSFUL BUSINESS WITHIN THE PET INDUSTRY. THE STORE DOES NOT SELL LIVE PETS BUT THIS COULD BE AN OPTION SINCE THERE IS A ROOM SET UP TO DO SO ALREADY IN PLACE. PRESENTLY THEY SELL ACCESSORIES AND FOOD FOR SPECIFIC TYPES OF PETS. THE OWNERS HAVE WORKED HARD IN ESTABLISHING KEY SUPPLIER RELATIONSHIPS AND TAILORING THEIR PRODUCT LINES TO ONLY INCLUDE HIGH-MARGIN, HIGH-VOLUME ITEMS. THE BUSINESS OPERATES IN A RETAIL ENVIRONMENT; HOWEVER THE STORE IS ONLY OPEN FIVE DAYS A WEEK, FOR SEVEN HOURS A DAY. NO INDUSTRY EXPERIENCE IS REQUIRED AS FULL TRAINING AND PRODUCT KNOWLEDGE TRANSFER WILL BE PROVIDED. ALL THAT IS REQUIRED IS YOUR LOVE FOR ANIMALS AND THE DESIRE TO OWN A VERY SUCCESSFUL BUSINESS.

THE SELLER WILL OFFER UP TO $40K IN VENDOR FINANCING TO A QUALIFIED BUYE