OF-13GYFG54
SoldPet store Feed Store for sale
Sold
This business has already been sold. The listing remains visible for reference, but new inquiries are closed.
Industry
Retail
Sub-industry
Nursery and Garden Centers
About this business
After 16 years of serving as a primary supply point for the Oakhurst community, the ownership of this established retail center was successfully transferred. This transition on the Openfair platform represented a "pure asset sale," offering a high-revenue, turnkey opportunity for a local operator to step into a dominant market position.
The Core Value Proposition
Since 2010, the business has served as a critical infrastructure point for local pet owners and agricultural hobbyists. Its valuation and appeal were driven by several institutional strengths:
Established Sales Density: The business demonstrated high-volume performance, generating $1,200,000 in annual revenue with a consistent profit of $100,000.
Infrastructure & Inventory: The sale was all-inclusive, featuring a comprehensive inventory of pet and feed products, heavy-duty shelving, modern lighting, and optimized computer systems.
Staff Equity: The acquisition included a well-trained, 5-person team ready to remain on board, ensuring that deep product knowledge and local customer relationships were preserved.
Strategic Community Foothold: Located in a high-visibility corridor in Oakhurst, the store benefited from steady organic traffic and a reputation as a "one-stop shop" for nursery and garden needs.
The Openfair Exit Strategy
Exiting a community-centric retail business requires finding a buyer who can maintain local trust while bringing fresh energy to the operation. By listing on Openfair, the seller—who was motivated by a desire to be closer to family—positioned the business as a "rebrandable" asset. This strategy allowed the buyer to acquire a proven revenue engine while retaining the flexibility to apply their own branding and local identity to the established location.
The Transaction & Handoff
The business was sold for $600,000, providing a clean exit for the founder and a stabilized entry for the newcomer. To ensure the $1.2M revenue stream remained uninterrupted, the transition package included:
Operational Immersion: A structured two-week training period provided by the outgoing owner to cover daily workflows and software management.
Continuity of Service: Immediate access to the existing POS and inventory management systems.
Community Integration: A warm handoff of the loyal client base and the experienced staff, maintaining the store's status as a reliable neighborhood fixture.
This case highlights the efficiency of the Openfair marketplace in facilitating high-value retail transitions, specifically for businesses that serve as essential community staples.