Listing ID: 81314
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 $800,000 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 $275,000 will be required by the lender as a down payment.
• Almost 2 Years of Operating History in the Nashville, TN Market
• Easy to Learn and Operate with Outstanding Franchisor Support & Training
• Franchisor in top 150 of 500 National Franchises – Entrepreneur Magazine 2022
• Immunity from Financial Downturns and Impressive Sales Growth
• An Owner/Operator should easily be able to earn over $750,000 per year
• 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
• Located in Highly Desirable Area just 34 miles outside of Nashville
• Huge Upside Potential due to Demand and Growth in the Market
• 2022 Revenue and Profits are on pace to exceed 2021
• Seller willing to Train and Ensure Smooth Transition
• Outstanding Reputation of both the Location and the Franchisor
• Stable and Growing Industry and Market with 20% of all Homes having a Pet
• SBA Pre-Approvals from multiple Lenders for Qualified Buyers with 10% to 15% down payment or as little as $275,000 down.
For more information including a detailed confidential opportunity summary with financial information and photos, please call Alan Horwitz with Sunbelt Business Brokers at 702-714-0229 or email for a non-disclosure agreement to quickly receive the package at email@example.com NV license # 54316, Business Broker Lic. # 13
- Asking Price: $2,579,000
- Cash Flow: $800,073
- Gross Revenue: $2,668,000
- EBITDA: N/A
- FF&E: $200,000
- Inventory: $50,000
- Inventory Included: Yes
- Established: 2020
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:20
- Furniture, Fixtures and Equipment:N/A
Franchisor training and 1 month from owner
Spend time in other out of state business
This Business Is Home Based
The venture was established in 2020, making the business 2 years old.
The transaction shall include inventory valued at $50,000, which is included in the suggested price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons people choose to sell businesses. Nonetheless, the real factor and the one they say to you may be 2 completely different things. As an example, they might state "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be excuses to attempt to conceal the reality of transforming demographics, increased competitors, current decrease in earnings, or a variety of various other reasons. This is why it is extremely important that you not depend completely on a vendor's word, but rather, make use of the vendor's answer in conjunction with your total due diligence. This will repaint a much more practical image of the business's existing scenario.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that earnings margins are too small. Numerous companies fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that must be met or may cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in new consumers? Often times, companies have repeat clients, which create the core of their everyday profits. Specific variables such as brand-new competitors sprouting up around the location, roadway construction, and also employee turn over can affect repeat consumers as well as adversely influence future earnings. One crucial point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business on a regular basis, the higher the opportunity to construct a returning consumer base. A last thought is the basic location demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? How might the local typical house earnings impact future revenue potential?