Business Summary:
This is a profitable and growing retail pet and pet supply business located in Eastern Ventura County. While most retail businesses have seen a drop in sales due to poor economy, this business has increased sales by 43% over last year for the first 4 months of the year. The projected net income for 2008 is over $160,000 based on YTD financials. The business has been providing pet supplies and pet food for dogs, cats, fish, horses and chickens to the same clientele for over 37 years. The store was relocated two years ago to a larger space and had started a pet rescue program in March 2007 where they have provided homes for 749 dogs and 224 cats over a 12 month period. The pet rescue program has resulted in a loyal customer base of pet owners who appreciate the efforts the business has accomplished in providing quality homes for pets that may have otherwise been put down. The business is not a franchise, and is privately owned and operated. There is a great opportunity to expand this business by broadening its product offering to include other products, animals and services to grow the business. This business has been prequalified for an SBA Loan with 10% to 20% down payment. Buyer approval required with additional collateral.
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