Multi-Unit Pet Store in Monterey Co. Est. 30+ years - $200K profit

Pacific Grove, CA (Monterey County)

Multi-Unit Pet Store in Monterey Co. Est. 30+ years - $200K profit
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Asking Price: $280,000

Cash Flow: $124,000

Gross Revenue: $2,101,360

EBITDA: N/A

FF&E: $0

Inventory: $175,000*

Rent: $1.70 per Month

Established: 1957

*not included in asking price.

Multi-Unit Pet Store in Monterey Co. Est. 30+ years - $200K profit

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Business Description

This flourishing (over $2.1M in sales) pet business has proudly served the Monterey area for over 60 years generating nearly $190,000 in annual earnings (SDE). Thousands of loyal customers have voted this as the Best Pet Shop in Monterey County for several years. Sales have grown steadily year over year, with good performance during recession years.

There are multiple sales and service locations that provide retail pet supplies, pet grooming, or pet washing services. An online e-commerce site and supply warehouse has been added to facilitate continued growth.

This streamlined business has an experienced team of pet experts and a solid business operation for an easy transition. The owners have built this solid framework for growth over the last 10 years and are looking to invest more time in other unrelated business interests.

Attached Documents


Detailed Information

Location:
Pacific Grove, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,642
Lease Expiration:
N/A
Employees:
14 FTE
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Ready for a change
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John LaMay

Business Listed By:
John LaMay

Sunbelt, Greater Bay Area


Sponsoring Broker:
Helen Liu

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Ad#:1519427

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