First time offered for sale – after over 20 years of business seller is ready to retire. This niche retailer of Pet Supplies operates out of a number of locations in the Manhattan Market selling pet food, pet supplies, pet accessories and pet clothing.
The current owner operates in a semi absentee ownership capacity. The owner handles the day to day financials, employees, scheduling, product ordering etc. Each location is operated by a store manager and staffed with full time and part time employees. The total number of employees is 15 plus the owner. It offers the owner consistent cash flow with minimal management and daily responsibilities. The multiple locations and sales volume affords the owner maximum discounts from their vendors which in turn affords them higher than standard margins of profit. POS, Registers, Racking and Store fixtures, Build Out = $100,000 Included In The Sales Price. New owner could easily expand the business by adding additional locations to expand the presence geographically and expanding Web Based Sales and delivery to the local customers in the market already served.
Asking Price $995,000
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