*SOLD* PET STORE - SBA APPROVED - $2MM+ NET TO OWNER
This is an amazing opportunity to purchase an extremely profitable pet store that has been growing year over year and been in the same location for over 20 years. A new owner operator should be able to earn in excess of $2M per year after all pre-tax expenses. This once in a lifetime opportunity is for someone who loves pets and has the managerial experience and capital to qualify with the lender and the franchisor. A minimum of $500,000 will be required by a lender as a down payment.
• 20+ Years of Operating History in the Las Vegas Metro Market
• Easy to Learn and Operate with Outstanding Franchisor Support
• Immunity from Financial Downturns
• On Pace to Earn over $2,000,000 in Adjusted Net Income
• Impressive Growth History – Completed Expansion and Remodel in 2019
• Financing for Customers is Available
• Work with the Top 2% of Breeders in the Country
• Very Little if Any Competition for Pet Sales
• High Margins and History of Consistent Profitability
• Turn-Key Operation and Fully Staffed with Excellent Management Team
• General Manager and the Management Team to Stay On
• Located in Highly Desirable Area of the Las Vegas Valley
• Huge Upside Potential due to Demand and Growth in the Market
• 2021 Profits are on pace to be at or Above 2020
• Seller willing to Train and Ensure Smooth Transition
• Outstanding Reputation
• Stable and Growing Industry and Market with 20% of all Homes having a Pet
• SBA Pre-Approval for Qualified Buyers with $500K Down
- Listing ID:
- Sold NV-3337
- Industry:
- Retail
- Location:
- Nevada
- Revenue:
- $8,100,000
- Business Price:
- $4,300,000
- Down Payment:
- $500,000
- SDE (Cash Flow):
- $2,047,000
- Listing Agent:
- Alan Horwitz
- Inventory included in sale:
- Yes
- Inventory Value:
- $300,000
- Years in Business:
- 20+ years
- Is this a franchise:
- Yes
- Employees (Full-Time):
- 3
- Employees (Part-Time):
- 22
- Reason for selling:
- Retirement
- SBA Financing Available:
- Yes