Status: Active
Luxury - Highly Profit Franchise Pet Stores - Listing #: 59448
| Category | : | Animals/Pets | SIC | : | 5999 | |
| Detail | : | Pet Shop | Price | : | 4,200,000 | |
| County | : | Mecklenburg | Down | : | 420,000 | |
| State/Prov | : | North Carolina | Disc Earn | : | 1,000,204 | |
| Country | : | USA | Sales | : | 4,887,005 |
|
Sunbelt is offering investors a unique opportunity to acquire a proven, high-growth pet franchise portfolio in the Carolinas. Based on a very simple business model, high margins, and very limited competition. The acquisition includes two locations and a third location is available. This is a genuinely absentee-owner model with demonstrated operational independence, run by a local manager. The pet industry is one of the most resilient and recession-resistant consumer segments in the United States, consistently posting growth through economic cycles. Also, this business is A.I. Resistant, with gross margins at 70%. |
| Reason for Sale | : | Building 9 more franchise locations |
| General Location | : | Charlotte, NC & Greensboro, NC (two locations included) |
| Organization Type | : | 'LLC' Hours Owner Works: 20 |
| : | Years Established: 3 Years Owned: 3 Emp FT: 7 Emp PT: 0 Mgrs: 2 (for each location) | |
| Non Compete | : | Miles: 50 Years: 5 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | Monday-Saturday 11:00am - 8:00pm Sunday 11am-6pm |
| Skills/Licenses | : | None |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: Y Should Qualify For Visa: Y |
| Data Source | Trailing 12 Months 6-30-26 | |||
| Year (Cash Flow) | 2026 (N) | (N) | (N) | |
| Gross Revenue | 4,887,005 | 0 | 0 | |
| Cost of Goods | 1,653,600 | 0 | 0 | |
| Gross Profit | 3,233,405 | 0 | 0 | |
| Expenses | 2,422,974 | 0 | 0 | |
| Net | 810,431 | 0 | 0 | |
| Owner Salary | 128,000 | 0 | 0 | |
| Benefits | 7,859 | 0 | 0 | |
| Interest Expense | 0 | 0 | 0 | |
| Depreciation | 43,295 | 0 | 0 | |
| Other | 10,619 | 0 | 0 | |
| Discretionary Earnings | 1,000,204 | 0 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 71,000 | Y* | ___________ | 0 | N* |
| F F & E | 495,000 | Y* | Total Assets | 566,000 | Y* |
| Leasehold | 0 | N* | |||
| *Included? |
| Lease/Month: 11667 | Square Footage: 3800 (2 stores included) | Building Type: Shopping Center |
| Terms & Options: Buyer will be assign for those leases | Expiration Date: 7/12/2040 |
| Lender Pre-Qualified Project Summary |
| Acquisition Costs | Down Payment and Financing |
| Purchase Price | 4,200,000 | Down Payment | 420,000 | |
| Working Capital | 50,000 | Loan/Assumable | 0 | |
| Loan Fees | 10,000 | Loan/Seller | 0 | |
| Closing Costs | 5,000 | Loan/Other | 3,780,000 | |
| Total | 4,265,000 | Total | 4,200,000 |
| Loan - SBA | - Amt: | 3,780,000 Mos: | 120 Rate: | 9.00 Mo Pmt: | 47,883.44 |
| JOSEPH ALTER | Office | : | (239) 688-0618 | |
| BROKER | Fax | : | ||
| Home | : | (239) 849-9334 | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 849-9334 |
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
| NAPLES, FLORIDA 34105 | : | jalter@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |