*SOLD* PET STORE - SBA APPROVED - $1.2MM+ NET TO OWNER
This is an amazing opportunity to purchase an extremely profitable pet store that has been growing year over year. A new owner operator should be able to earn in excess of $1.2M per year. 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 the lender as a down payment.
• Many Years of Operating History in the Knoxville Market
• Easy to Learn and Operate with Outstanding Franchisor Support
• Immunity from Financial Downturns
• Award Winning Location
• Impressive Sales Growth
• 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 Team
• Located in Highly Desirable Area of East Tennessee
• Huge Upside Potential due to Demand and Growth in the Market
• 2021 Revenue and 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-3344
- Industry:
- Retail
- Location:
- Nevada
- Revenue:
- $4,169,000
- Business Price:
- $3,900,000
- Down Payment:
- $500,000
- SDE (Cash Flow):
- $1,288,000
- Listing Agent:
- Alan Horwitz
- FF & E:
- $100,000
- Inventory included in sale:
- Yes
- Inventory Value:
- $150,000
- Years in Business:
- 5+ years
- Is this a franchise:
- Yes
- Employees (Full-Time):
- 3
- Employees (Part-Time):
- 22
- Reason for selling:
- Other business ventures
- SBA Financing Available:
- Yes