Hot Listing
Pet Supplies Plus in Growing NJ Market – Giant Expansion Potential
Business Description
Top-rated pet store in fast-growing, high-income community
Established Pet Supplies Plus franchise in Stanhope, NJ presents an exceptional opportunity in one of New Jersey's fastest-growing markets. This thriving 6,000 sq ft retail operation generates $1,000,000 in annual revenue and maintains an impressive 4.7/5.0 Google review rating with a loyal customer base of 15,000+ households.
Business Overview:
Opened in 2022, this turnkey franchise operates under absentee ownership with 8 trained employees and proven systems already in place. The store benefits from Pet Supplies Plus's national brand recognition, buying power, marketing resources, and ongoing operational support.
Prime Location & Growth Drivers:
Strategically positioned in a high-visibility shopping center serving Stanhope and Budd Lake communities. The location capitalizes on explosive residential growth with 500+ new homes under construction within 2 miles, including Mountain Ridge Townhomes development. This residential boom attracts younger, high-income demographics relocating from NYC area, driving increased demand for pet products and services.
Financial Highlights:
- Annual Revenue: $1,000,000
- Asking Price: $399,000
- FF&E Value: $292,000
- Inventory: $172,000 (included)
- Lease: $5,000/month through June 2031
Competitive Advantages:
- Closest full-service pet store to major new developments
- Minimal direct competition in trade area
- Strong repeat customer business
- High-margin service opportunities (grooming, self-serve washes)
- Untapped marketing potential for new residents
- Excellent lease terms in high-traffic location
The pet retail industry continues robust growth driven by increasing pet ownership and premium product spending. This established franchise combines proven operations, strategic location, demographic tailwinds, and franchise system support to deliver exceptional growth potential.
Ideal for owner-operators or multi-unit franchisees seeking Northeast expansion. The foundation for success is established - positioned for immediate profitability and long-term growth in Sussex County's dynamic market.
Business Overview:
Opened in 2022, this turnkey franchise operates under absentee ownership with 8 trained employees and proven systems already in place. The store benefits from Pet Supplies Plus's national brand recognition, buying power, marketing resources, and ongoing operational support.
Prime Location & Growth Drivers:
Strategically positioned in a high-visibility shopping center serving Stanhope and Budd Lake communities. The location capitalizes on explosive residential growth with 500+ new homes under construction within 2 miles, including Mountain Ridge Townhomes development. This residential boom attracts younger, high-income demographics relocating from NYC area, driving increased demand for pet products and services.
Financial Highlights:
- Annual Revenue: $1,000,000
- Asking Price: $399,000
- FF&E Value: $292,000
- Inventory: $172,000 (included)
- Lease: $5,000/month through June 2031
Competitive Advantages:
- Closest full-service pet store to major new developments
- Minimal direct competition in trade area
- Strong repeat customer business
- High-margin service opportunities (grooming, self-serve washes)
- Untapped marketing potential for new residents
- Excellent lease terms in high-traffic location
The pet retail industry continues robust growth driven by increasing pet ownership and premium product spending. This established franchise combines proven operations, strategic location, demographic tailwinds, and franchise system support to deliver exceptional growth potential.
Ideal for owner-operators or multi-unit franchisees seeking Northeast expansion. The foundation for success is established - positioned for immediate profitability and long-term growth in Sussex County's dynamic market.
About the Business
- Years in Operation
- 3
- Employees
- 8
- Franchise
- This business is an established Pet Supplies Plus franchise
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 6,000
- Rent
- $5,000.00 per month
- Lease Expiration
- 6/10/2031
About the Sale
- Seller Motivation
- Other Business Interests
Listing Info
- ID
- 2371339
- Listing Views
- 2807
Listing ID: 2371339 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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