*SOLD* PET STORE — SBA APPROVED — $1.2M+ NET TO OWNER
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 $1.2M 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 $500,000 will be required by the lender as a down payment.
• Many years of operating history in the Knoxville market
• Easy to learn and operate with outstanding franchisor support
• Immunity from financial downturns
• Award-winning location
• Impressive sales growth
• 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
• Turnkey operation and fully staffed with an excellent team
• Located in a highly desirable area of East Tennessee
• Huge upside potential due to demand and growth in the Market
• 2021 revenue and profits are on pace to be at or above 2020
• Seller willing to train and ensure a smooth Transition
• Outstanding reputation
• Stable and growing industry and market, with 20% of all homes having a pet
• SBA pre-approval for qualified buyers with $500K down
Listing ID: Sold NV-3344
Industry: Retail
Location: Nevada
Revenue: $4,169,000
Business Price: $3,900,000
Down Payment: $500,000
SDE (Cash Flow): $1,288,000
Listing Agent: Alan Horwitz
FF & E: $100,000
Inventory included in sale: Yes
Inventory Value: $150,000
Years in Business: 5+ years
Is this a franchise: Yes
Employees (Full-Time): 3
Employees (Part-Time): 22
Reason for selling: Other business ventures
SBA Financing Available: Yes