Red Hot Franchise Business in Charleston

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Animal & Pet Businesses for Sale

This Franchise retail business is growing very quickly under the current ownership. Adjusted Net Profit has gone from around $800,000 in 2021 to over $3MM for 2022. Please do not contact Broker to ask what kind of business is this. First, sign the NDA and read the Confidential Business Review.

Financial Information

  • $9,100,000 Asking Price
  • $2,797,556 Cash Flow
  • $8,873,541 Gross Revenue
  • $3,635,000 Down Payment
  • Yes Financing

Business Location

  • City: Charleston
  • State: South Carolina

Financing Comments

  • For the right offer and the right buyer the Seller may hold a small note.

Reason for Sale

  • Other business interests

Detailed information

  • Year Established: 2018
  • Home Based: No
  • Franchise: Yes
  • Relocatable: Yes
  • Lender Prequalified: Yes
  • SBA Prequalified: Yes
  • Full-Time Employees: 25
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: 15
  • Adjusted EBITDA: $2,797,556
  • Inventory Included: Yes
  • Inventory Value: $150,000
  • Monthly Rent: $8,442
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: $0
  • Building Size: 8700
  • FF&E Included?: Yes
  • FF&E Value: $130,000

Training/Support

  • The full management team will stay with the business. Owners may also stay if they are asked to manage it in the future.

Facilities

  • This location is on a month to month lease and a new long term lease is available for new ownership

Market Outlook/Competition

  • This business has no competition for hundreds of miles

Real State Description

  • Located in a strip mall near Charleston, SC
Business Listed by
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Joe Alter
Sunbelt of Naples & Fort Myers
Email Joe
Show Phone Number
Listing ID
NAPFL001-52472

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