Pet Food & Supply – All Natural, Pet Friendly Retail Business

Price: $1,250,000

Location: Fairfield County, CT

Industry: Retail

Listing ID: 33465289-PV

This is an excellent opportunity to invest in a well-established and highly successful natural pet food retail store located in beautiful Fairfield County, CT. This store is a gem and occupies a prime location in a bustling shopping center, offering high visibility in a charming suburban town. It has strong sales and income, ample parking, room for service expansion, and a very favorable lease, this business is poised for continued success.

The business specializes in offering a wide variety of high-quality, all-natural dog and cat foods, treats, and a comprehensive range of pet care products at highly competitive prices. The spacious, modern retail space is meticulously stocked to meet the strong demand for premium pet foods. The store attracts loyal customers from surrounding towns by providing high quality, all-natural products at reasonable prices. The business is staffed with pet-passionate employees ready to offer professional advice. One of the standout features is the large, self-service dog wash section, a favorite amenity among customers. Additionally, there is ample space to host various promotional and charitable events, partnering with vendors and the local community to create a vibrant and engaging atmosphere.

The owner has been in the business for many years and is seeking to transition to retirement and a sale of the business at this time. The business is highly successful and staffed with great employees. The location is run semi-absentee with competent managers in place to handle the day to day. The seller is committed to providing full support and training after the sale to ensure a seamless transition. This business boasts a stellar location, strong sales and income, dedicated and qualified staff, loyal customer base, industry growth, and the flexibility to be run either by an owner or run semi-absentee, thanks to its robust cash flow. It represents a fantastic opportunity for anyone looking to invest in a thriving business with strong sales, income, and a growing customer base. This business is a community hub for pet lovers and a beacon of quality in the pet food market.

Gross Revenue: $2,000,000

Cash Flow: $400,000

FFE: $100,000 (Included in price)

Inventory: $350,000

Terms & Conditions:

Great lease with prime shopping center location. Original lease is 5 years + 5 year option. Option period starts Jan 2025. Rent will be $9 per sq ft or $5,850 monthly base plus cam charges of approximately 5.02 per aq ft or 3,235 monthly. Total rent is about $9,020 starting Jan 2025 through Dec 2029. This is a low rent for a prime location that drives traffic. Landlord will consider a 5-year extension to be able to satisfy SBA lending terms

Reason for Sale:

Partnership change, and semi-retirement

Training & Support:

Seller will provide full training and support after the sale. Business has two full time managers to help with a transition as well.

Year Established: 2019

Year of Last Acquisition: 2023

Days & Hours of Operation: 7 days

Owner Hours Per Week: no set hours, as needed (5 to 10 hours/wk). Owner oversees store managers who run the day to day.

Non-Owner Payroll: $16,000

Employees: 10

Managers: 2

Security on Lease: 5200

Lease Option: yes

Monthly Rent: 9020

Type of Location: shopping center anchor store

Square Footage: 7730

Facilities Information:

5-year lease option period started 1/1/24. Base rent is 9 per sq ft eff 1/1/25 through 12/31/29. Plus, cam charges of 4.02 per sq ft. Total rent is approx. $9,030 monthly, fixed for next 5 years. Landlord will consider adding another 5-year option

Historical Summary:

Highly experienced owner has been operating successfully in the pet food and supply business for many years. T

Owner Qualifications:

Retail management and marketing experience helpful but not required.

Competition:

Competitive market for pet foods and tis business has a competitive advantage with great employees that provide caring, professional service and a wide variety of all natural pet foods at discounted prices, both of which have built a loyal following

Potential Growth:

Continued growth is expected with following the sellers marketing and maintaining vendor community engagement to stay connected and on people's minds as well as to host promotional and charitable events that help to keep the business a hob for pet owners in the community. The business has room to grow and even space to add some unique amenities like a pet friendly cafe.

Financing/Terms:

Bank financing possible for qualified buyer