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- RE: Highly Successful And Award-Winning Pet Wants
- Contact: Buyer Services
Quick Facts
Asking Price: | $200,000 | |
Annual Revenue: | $464,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $100,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $30,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2016 | |
Employees: | 4 | |
BBN Listing #: | 985598 | |
Broker Reference #: | MN-PET WANTS-MINNEAPOLIS |
Business Overview:
Take advantage of this rare opportunity to own a highly successful and award-winning Pet Wants franchise.
What You’ll Gain as a New Owner:
• Proven Success & Industry Recognition – Consistently ranked #1 in mobile sales for the past two years and named Pet Wants Franchise of the Year in 2024. Additional accolades include the Pet Wants President’s Excellence Award for leadership and business success.
• Established Customer Base & Event Strategy – Gain immediate access to a loyal customer base and a proven roadmap for event success in the Twin Cities and Midwest. We provide sales history from every event, along with top event recommendations and key market contacts to maximize revenue.
• Prime Minneapolis Territory – Own a strategic, high-traffic territory covering downtown Minneapolis and surrounding areas. Benefit from exclusive access to premium event venues, including the Minneapolis Convention Center, Target Field, and Target Center.
• Retail Expansion Potential – With post-pandemic market shifts, commercial rent prices have significantly dropped, creating a rare opportunity to open a storefront at a lower cost than ever before.
•Strong Brand & Reputation – A 5.0-star Google rating built on years of exceptional products and customer service.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This is a mobile business so there is no facility. Current owners do rent a warehouse space for product storage.
Market Competition and Expansion:
Nationally - Chewy, Amazon. Locally - Chuck & Dons, Pet Evolution, and Pet Supplies Plus are competitors.
Over the past few years sales have experienced impressive growth: +42.6% in 2021, +23.0% in 2022, and +17.6% in 2023. Sales in 2024 were -3.7% and the owners believe it was an industry-wide trend noted by fellow small business owners, and a decline in event driven revenue due to a couple of cancellations along with a softer economy. They do believe sales will bounce back well in 2025.
Reason for Selling:
Owners are retiring.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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