DFW Pet, Feed & Garden Supply Store for Sale 19953
Company is a well-established retail livestock/pet feed/supplies and garden supplies store in a prime business location, offering feed, hay, pet food, lawn and garden supplies to Dallas Fort Worth and surrounding communities for the past 40+ years. Seasonal items include items such as plants and seedlings. The hay supplier supplies 3 enclosed trailers for onsite feed hay and related products.
The business has a very good reputation for great customer service. A knowledgeable and courteous staff provides customers with friendly service designed to save valuable time at a one-stop location. The business does no advertising; sales are generated by repeat, referral or word of mouth customers. The business has virtually no accounts receivables, other than one company that purchases ~$500 every 2 months.
The owner estimates that the customer base is approximately 60% residential, 25% business, 12% hobby ranch and 3% schools. Daily average customer count ranges from approximately 138 in low season to approximately ~177 in high season.
The business operates with a hands-on owner-operator, 3 FT and 3 PT employees. The full-time employees can operate the business. A new, energetic owner can further increase sales & profits in many ways. The owner states that the business has excellent books & records and is recession-resistant. NOTE: This is an ideal business to obtain an E2 Visa: full-time employees and profitable income for a qualified owner-operator.
Employees: The business operates with 1 full-time owner-operator, 3 fulltime and 3 part time employees. The three experienced trained full-time employees work in sales/warehouse. They have excellent customer service skills and are trained to run the business. The owner can take vacation and feel confident that the business is being well-operated by the employees. Additionally, 3 part-time employees work as needed.
Facilities: The business operates from ~4,500 SF stand-alone building on a major thoroughfare for ~$6,250/month incl NNN.
Competition: The pet, livestock, feed and garden supply industry is very competitive. However, this business competes well due to convenience, customer service, price and product knowledge. Despite the presence of competitors, the Company has thrived & grown and possesses SIGNIFICANT scalability/growth for a new owner.
Growth & Expansion: The seller has used the location, great customer service and, word of mouth to build the business. The business does no advertising. A new, energetic owner can further increase sales & profits in many ways: 1) improve online presence by registering with search engines, Google/Yahoo/Bing maps, …, 2) increase marketing in the local store area, 3) direct mail to local home-based farm hobbyists and horse/livestock owners, 4) implement Google Adwords to market the business, 5) computerize bookkeeping, inventory, ordering, …, 6) advertising (Business does no advertising and hasn’t for many years.) 7) add shipping option. Owner gets requests for shipping but does not offer, 8) continue hands-on owner operation, 9) consider adding other services
Support & Training: Seller will train purchaser for 4 weeks included with the purchase price. Seller is willing to provide additional training or general management assistance at mutually agreeable compensation.
Reason for Selling: Retirement
The asking price for the assets of the business is $525,000 with $105,000 CASH down payment and balance financed as an SBA7(a) loan to a qualified buyer. If required by a commercial lender, the seller will consider financing up to 10% of the price to a purchaser qualified/approved by the seller. All financing is to be personally guaranteed. Seller prefers to sell for ALL-CASH. The assets include inventory at cost of $35,000, Accounts Receivables valued at $00.00 and FFEV (Furniture, Fixtures, Equipment and Vehicles) valued at $20,000. The price will be adjusted for actual inventory as of the sale date.
NOTE: The sale of a business is confidential and discreet; PLEASE DO NOT VISIT THE BUSINESS OR SPEAK WITH ANY EMPLOYEES.
We know about many businesses that are for sale but might not be advertised. Check out www.adamnoble.com for more information and consider registering your criteria as a purchaser.
For information, reference DFW Pet, Feed & Garden Supply Store for Sale 19953 and contact Jeff Adam, PE, MCBC, FRC, CBB at Adam Noble Group, LLC
Phone: (817) 467-2161
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