Franchised Pet Store with High Margins

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Pet Service Businesses for Sale

  • Primary Industry: Pet Stores & Supplies

This Petland store opened in 2021 and has been growing their revenue each year to get to profitability. In their first year (2022), the revenue was $1.2MM which grew to over $1.9MM in 2023. This year is trending to beat $2.3MM by the end of 2024. The current owner has now hired/trained three managers who are able to run semi-absent from a different city. Seller financing is available at 6% interest rate.

Financial Information

  • $950,000 Asking Price
  • $273,000 Cash Flow
  • $1,970,974 Gross Revenue
  • $100,000 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: 2021
  • 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: $70,000
  • Monthly Rent: $9,675
  • 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 Joe Alter
Joe Alter
Sunbelt of Fort Myers
Email Joe
Show Phone Number
Listing ID
FTMFL001-54500
License Number
BK3358883

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