Status: Sold
Two Successful Franchise Pet Stores in the S.E. - Listing #: NAPFL001-N88

Reason for Sale :  Retirement
General Location :  Georgia
Organization Type :  'LLC'     Hours Owner Works: 2
  : Years Established: 20  Years Owned:  20  Emp FT:  25  Emp PT:  0  Mgrs:  6
Non Compete :  Miles:  5  Years:  30  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  M-S 9:00-7:00
Skills/Licenses :  sales and marketing and HR
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: Y    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source Tax Return Tax Return Tax Return  
Year (Cash Flow) 2020 (N) 2019 (N) 2018 (N)  
Gross Revenue 11,972,336 8,270,225 10,027,490  
Cost of Goods 3,781,937 2,616,853 3,458,468  
Gross Profit 8,190,399 5,653,372 6,569,022  
Expenses 7,063,809 5,637,361 6,796,557  
Net 1,126,590 16,011 -227,535  
Owner Salary 0 0 0  
Benefits 1,115,082 726,200 1,161,388  
Interest Expense 0 0 0  
Depreciation 0 0 0  
Other 0 0 0  
EBITDA (ADJ.) 2,241,672 742,211 933,853  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 200,000 Y* ___________ 0 N*
F F & E 300,000 Y* Total Assets 500,000 Y*
Leasehold 0 N*
*Included?  

Lease/Month: 48483 Square Footage: 6282 + 5000 Building Type: Strip Center
Terms & Options: New long-term lease avail Expiration Date: 1/25/2026

 

JOSEPH ALTER Office :  (239) 849-9334  
BROKER Fax :    
  Home :  (239) 849-9334  
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 849-9334  

 

999 VANDERBILT BEACH RD. STE 200        
NAPLES, FLORIDA 34108 Email :  jalter@sunbeltnetwork.com  
USA Home Page :  sunbeltofflorida.com