$79,000.00
Asking Price
Address: 5160 Vineland Ave N. Hollywood 91601, North Hollywood, 91601.
Status: Active
Posting ID: 286509
5/9/24
Description
Since its establishment in 2010, the business has been under the current owner's stewardship for one and a half years. Situated in a large shopping center, it benefits from being anchored by numerous franchise retailers, attracting significant vehicular and foot traffic. Spanning 1,900 square feet, the shop incurs a monthly rent of $11,800 and a payroll of $6,000, while boasting a gross sales figure of $40,000 per month. Managed by the owner and three employees, the venue is characterized by its well-organized and welcoming atmosphere. It features a tastefully designed counter, multiple shelves, six freezers, a computer, an iPad, a printer, a camera system, and more.
Offering an extensive array of top-quality food supplies and supplements for various animals, including dogs, cats, and chickens, the venue also stocks other pet essentials such as litter boxes, treats, chews, toys, and accessories. Operating seven days a week, its hours are Monday to Friday from 10:00 am to 7:00 pm, Saturday from 10:00 am to 6:00 pm, and Sunday from 10:00 am to 5:00 pm. The pet business, known for its simplicity of operation, resilience against economic downturns, and potential for scalability, taps into a significant market, with 70% of U.S. households owning at least one pet. In 2021 alone, the pet industry saw expenditures totaling $123 billion, a figure projected to rise to $275 billion by 2030. Notably, the seller has refrained from active marketing efforts, relying solely on word-of-mouth referrals.
With considerable potential for revenue growth through advertising, mailouts, coupons, and other promotional strategies, this asset sale presents an opportunity for a buyer passionate about pets to elevate the business to new heights. Except for the business's name and website, the sale includes all equipment, furniture, fixtures, the phone number, and inventory valued at over $50,000. The seller, who also owns a similar business in Palisades, seeks to focus on that venture and is thus motivated to train the new owner.
To get more information about this Pet Supply Store - Established Since 2010 business for sale in North Hollywood please phone Michael Raad (Broker) at 626-215-4563 Cell and 626-204-2319 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286509 on BizBen.com. In addition to phoning Michael Raad, make sure you email Michael Raad above to get more info about this Pet Supply Store - Established Since 2010, to ask any questions or request an appointment to see this business for sale. Thank you. License # 00984305. Century 21 Golden Realty.
Contact
Details
Asking Price: $79,000.00
Down: $79,000.00
Cash Flow: N/A
Revenue: $480,000.00
Area: North Hollywood
City: North Hollywood
Attributes:
My Notes About This Listing
Cash flow
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Revenue
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