Three store Petland Territory in Memphis

Memphis puppy.jpeg
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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
image of Broker Profile
Joe Alter
Sunbelt of Fort Myers
Show Phone Number
Listing ID
FTMFL001-54500

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