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Three store Petland Territory in Memphis
Pet Service Businesses for Sale
- Primary Industry: Pet Stores & Supplies
This Petland store had been around for 24 years and had been selling a bit of everything: birds, fish, cats and some puppies. in 2022, a new owner wanted to make this more profitable by focusing on the puppies which drive revenue and gross margins. The list price includes a territory that will support two more stores in the Memphis area.
Financial Information
- $1,200,000 Asking Price
- $115,000 Cash Flow
- $2,000,000 Gross Revenue
- $1,200,000 Down Payment
Business Location
- City: Memphis
- State: Tennessee
Reason for Sale
- Seller needs to attend to other businesses in another state.
Detailed information
- Year Established: 1999
- Home Based: No
- Franchise: Yes
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 15
- Part-Time Employees: N/A
- Contractors: N/A
- Owner Worked Hours/w: 40
- Inventory Included: Yes
- Inventory Value: $100,000
- Real Estate Available: No
- Real Estate Included: No
- Real Estate Value: $0
- Building Size: 4080
- FF&E Included?: No
Training/Support
- Seller will train for 2 weeks.
Facilities
- The store is in a busy shopping center with larger anchor stores off I40.
Market Outlook/Competition
- Very little competition. Only competitors are local breeders focusing on one breed.
Business Listed by
Joe Alter
Sunbelt of Fort MyersContact Business Broker
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