Pet Stores and Supply Established Businesses For Sale

Many Americans adore their pets to the point of not only considering them a member of the family but often an additional child. It’s no wonder the decision to buy a pet store, or a pet supplies business is a dream come true for so many entrepreneurs. 

Nationwide, over $72 billion is being spent on pet expenditures in 2018 alone. While dogs may seem like the most popular pet choice, they’re actually the third favorite after freshwater fish and felines. Nonetheless, cats and dogs account for almost 185 million pets nationwide, a 56% increase from 1988. That’s great news for anyone thinking of buying a pet store or investing in a pet business for sale. But there’s a lot more to pet care than just pampering and playing with the cute fluff balls. 

Pet Stores in the U.S. is a $20 billion industry with an almost 3% annual growth rate. That’s a definite plus for those looking to buy a pet store! This industry contains almost 19,000 businesses and employs over 133,000 workers nationwide. Industry activities and products include: 

• Pet adoption and sales
• Retail of pet supplies and food
• Pet grooming and services
• Pet food, supplies, services
• Live animals

Pet care, overall, is a $100 billion industry that’s expected to continue booming over the next several years, but there are some trends to watch for:

• E-Commerce – Almost 40% of pet owners admit to buying more pet products and needs online than ever before. 
• Amazon – There are over 65 billion Prime members and Amazon Echo makes push-button reordering simple. So, put your shop or products on Amazon. 
• Store Diversification – Online big-box stores are offering deals like free pickup in their stores, so consider pairing extra on-to-offline services if you don’t want to be buried by the big guys.  
• Smart Devices for Pets – Pet wearables, similar to Fitbits, can track a pet’s health, physical activities, and location. Getting in on these new trends can help those looking to buy a pet store or a pet store business that’s for sale claw their way to the top in no time.