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Pet Grooming And Natural Pet Supply Store For Sale

San Diego, California - South
Asking Price:
$150,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$300,000 (USD)
Cash Flow:
Available on request

Full service pet grooming with natural pet food and supply retail store. A one of a kind store in San Diego. Opened in October of 2018.Over 1100 clients in database, with over 600 monthly repeat clients. Operates with 7 employees other than the owners. Owners do work full time in the business, but the business can operate absentee with the current management in place. Revenue has grown by 10-20% each month we have been opened.

Current owners no longer have enough cash flow to keep it going. Owners had to spend working capital on additional TI improvements (the building condition was not accurately disclosed during the leasing process) and were unable to hire as many pet groomers needed to run the store properly. New owners just need some cash flow to hire additional groomers and some additional marking. Cash flow projections show a positive cash flow can be reached in 3-6 months with the right number of employees providing grooming services. Owners willing to stay on to train.Owners also open to partnership possibilities.

Property information

Real Estate:

Lease

Lease Terms:

Five year lease from 6/2018, with optional 2 year extensions. Rent plus NNN is average $8359 per month.

Leasehold Rent:

$100,380 (USD) per annum

Location:

Located in a central area of San Diego, surrounded by a family neighborhood with 4 schools.

Premises Details:

2800 sq ft space with retail and grooming area separate. Grooming area is an open air salon

Business Operation

Competition / Market:

There is only 1 independent salon in close distance, but there is only one groomer in the shop. There is no other natural pet food store within the immediate area.

Reasons for selling:

Owners could no longer support cash flow to grow the business.

Trading hours:

Thursday through Sunday 7am to 7pm, Monday 9am to 6pm, closed tues and wed.

Employees:
7
Years established:
2018

Other Information

Support & training:

Owner will stay on to train as long as necessary

Furniture / Fixtures value:
$30,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price

Contact Information

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