DEAL: Independent Pet, Lawn & Garden Center

Established almost 50 years ago, our client is a well-established brand and is one of the largest independently owned pet, lawn and garden supply stores in New England. The Company is located in a highly desirable target community. The store is located on a heavily traveled road and operates out of almost 30,000 square feet. Pet and animal related products are the largest component of the business, typically comprising 70% of the total revenue. It carries all the major brands for pet food/supplies, birds and equine animals. It has a very loyal customer base. Its membership rewards program consists of over 11,000 card holders. Combined this group generates over 80% of the Company’s annual revenue. It has several initiatives underway including the addition of grooming and veterinary services. Other opportunities for the Company include the development of a pet subscription delivery business, increased attention to lawn & garden and the addition of hardware into the store.

location: Massachusetts, USA
industry: Retail
sba eligibility: yes
revenue: $5,500,000
ebitda: $660,000
real estate: $1,700,000
collateral: Real Estate, Inventory

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