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Profitable Online and Retail Pet Shop For Investment or sale

Profitable Online and Retail Pet Shop For Investment or sale

  • BXB Listing ID :

    24469
  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Dubai Investment Park
  • Asking Price:

    900,000 AED
  • No of Employees:

  • Year Established:

    2017
  • Annual Revenue:

    1,650,000 AED
  • Annual Net Profit:

  • Trade Licence:

    Mainland
  • Total Net Assets:

  • Inventory Value:

  • Real Estate:

    Leased by the Business
  • Reason for Sale:

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- Online pet shop established in 2017 with a percentage of a returning customer rate 40.13% in 2021; Returning customer monthly between 200 to 305; New customer monthly between 170 to 200 - Online store conversion rate: 4.61% (higher than the conversion rate of online pet stores worldwide). - Current owner of the business is very knowledgeable in the pet market in UAE from food, treats, and everything else, fast moving brands, competitors (weak points and strength points), what the business needs to succeed and become the one stop destination for pet parents. - Online website is already working, SEO & keywords. - Business is well established and can be expanded with the injection of funds; the activity of pet sitting (and boarding) is not used, we can recruit staff and generate good profit from this activity. - Grooming can be added as another activity to the license, we recommend to go for Grooming mobile services and not in-store grooming. - Shop owner has good connection & relationship with all pet food suppliers in UAE. - Mainland license + bank account + visas for employees + Credit card machines + POS Why the investment is needed now? Shopping Behaviour of Pet Owners in UAE People in the Middle East have a very on-demand, round-the-clock attitude. Everything is set up to be as quick and convenient as possible, with groceries dropped off within the hour. This translates into the pet industry too, driving the launch of mobile apps for retail. Pet owners know what they want, and they want it yesterday. For entrepreneurs, this means serious investments – convenience and service driven (which many small businesses cannot afford) and therefore we need this investment to be able to serve this type of clients.

Business Overview

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