PET RETAIL & GROOMING BUSINESS IN SOUTHEASTERN SOUTH DAKOTA
This company specializes in a full-line of pet-related products and the sale of various types of animals, including puppies, kittens, reptiles, birds, small animals, and fish. Grooming area and equipment included. Located less than 70 miles from Sioux Falls, SD.
Revenues exceeded $700,000 in 2024 with cash flow around $175,000.
Growth opportunities include:
Grooming services or table rental
Online commerce
Other supplemental products and services
Management is in place for a semi-absentee opportunity for a new owner.
Real estate appraised at $220,000 and business valued at $460,000, totaling $680,000. Building has an unfinished top floor with separate entrance and the potential of building out apartments for an additional <$6,000/mo. in rent revenue.
South Dakota’s friendly tax climate and affordable housing provides a cost of living 6% below the national average.
Interested buyers should have access to approximately $75,800 in capital for the down payment.
Listing ID: 54345
Industry: Retail
Sunbelt Office: South Dakota
Revenue: $705,770
Business Price: $460,000
Down Payment: $75,800
SDE (Cash Flow): $173,493
Real Estate: For Sale
Real Estate Value: $220,000
Included in Asking Price: Yes
Real Estate Size: 5,000 sq. ft.
Listing Agent: Jill TenHaken
FF & E: $30,000
Inventory included in asking price: Yes
Inventory Value: $65,000
Years in Business: 20+ years
Employees (Full-Time): 3
Employees (Part-Time): 1
Reason for selling: Retirement
SBA Financing Available: Yes