Pet Accessories Shop In A Prime Location
www.GlobalBX.com
Listing ID:
700383202
Listing Title:
Pet Accessories Shop In A Prime Location
Quick Link:
http://www.globalbx.com/listing.asp?bId=383202
Industry:
Business Services
Industry Segment:
Pet Care
Country:
United States
State / Province:
Oregon
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$312,882
Cash Flow:
$53,775
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1999
Number of Employees:
1 - 3
Business Description:
A great opportunity to own a thriving, established boutique pet gift and accessories store in a prime downtown location. This business is located in a high traffic area of town and customers are a mix of local patrons as well as tourists visiting from all over the world. The town is a destination for watersports and outdoor sports of all kinds, as well as a lively downtown community with shops, craft breweries and restaurants.
The lease rate quoted includes retail space, storage space, utilities and 2 parking spots.
This business started in the community in 2000, and has been catering to dog minded humans, as well as a few cats. About 80% of the business is soft goods sales, along with some food and supplements. Being in a destination town, summer and the fringe seasons are very active for the business. There's also a consistent increase in business in December as well. This business has had a strong reputation and excellent service for over 20 years.
What sets this store apart from the competition is consistent great customer service and it shows with strong Google and Yelp reviews. The store is in a great location and has all their products in colorful displays. It feels like a pet owners emporium. The store also has a logo (copyrighted) which everybody loves, and many products have been customized to carry the logo.
Growth potential exists in this business in a few different ways. A website was launched last year, and additional focus on development as well as an e-Commerce strategy would enable more sales as well as customer engagement opportunities. The shop currently is not on a point of sale (POS) system, and implementing one would help improve inventory management, sales efficiency, and ordering. Lastly, there is an additional 250 sq ft of space available by removing the back wall and expanding the footprint of the store.
Retail storefront with storage and parking
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