Status: Under Contract
Pet Store with Solid Sales History - Listing #: 55149

 

Category :  Animals/Pets SIC :  5999  
Detail :  Pet Shop Price :  395,000  
County :  Pinellas Down :  99,000  
State/Prov :  Florida Disc Earn :  268,900  
Country :  USA Sales :  938,892  

This profitable and strategically positioned pet store is in the suburban community of Largo, Florida, near the larger communities of Tampa and St. Petersburg.

Specializing in the sale of puppies, the most popular pet in the USA, the business features premium quality puppies offered in an atmosphere of cleanliness
with a well-trained customer success and sales team, plus fair-value pricing and financing, leading to strong and consistent revenue.

Established in June 2008, and in its current location since 2014, the business has been organically grown through local marketing in the surrounding community and online via Google PPC and other means and has an established base of business, and respected reputation. Located strategically in between two competing chain stores, this pet store thrives on the traffic and buzz created by comparison and competition, lowering overall advertising spending, and capitalizing on sales opportunities.

The business generates annual revenues of $938,892 on average for the last three years and Seller’s Discretionary Earnings of $208,973. The seller is now ready to focus on their other investments, opening the opportunity for the next owner who is looking for a stable and scalable business with a bright future.


 

Listing Type :  EXCLUSIVE RIGHT OF SALE Date Revised  :  5/15/2024
Listing Office is :  TRANSACTION BROKER Code 
ERC Code 
:
:
 G-200 510669
 
Documents on File :  Equipment List:  Y     Lease: Y    Corp Resolution: Y
  :  Cash Flow: N     Balance Sheet:  Y
  :  Standard Agreement: N     Signature on File: Y
Showing Remarks :  CALL BROKER TO SET UP A MEETING

Reason for Sale :  Other business investments
General Location :  Tampa, FL
Organization Type :  'LLC'     Hours Owner Works: 20
  : Years Established: 16  Years Owned:  16  Emp FT:  5  Emp PT:  0  Mgrs:  1
Non Compete :  Miles:  3  Years:  5  Weeks Training:  4  Cost:   $0
Operating dys/hrs :  12PM-7PM (Mon.-Fri.) 11AM-7PM (Sat.) 12PM-5PM (Sun.)
Skills/Licenses :  County Permit
Business :  Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: Y    Should Qualify For Visa: Y

Data Source Tax Return Tax Return Tax Return  
Year (Cash Flow) 2023 (N) 2022 (N) 2021 (N)  
Gross Revenue 938,892 787,433 999,009  
Cost of Goods 307,630 304,066 414,699  
Gross Profit 631,262 483,367 584,310  
Expenses 441,404 428,214 370,470  
Net 189,858 55,153 213,840  
Owner Salary 25,992 42,237 24,909  
Benefits 5,107 12,298 7,144  
Interest Expense 0 0 0  
Depreciation 0 0 0  
Other 47,943 311 311  
Discretionary Earnings 268,900 109,999 246,204  

Accounts Rec 0 N* Real Estate 0 N*
Inventory 27,000 Y* ___________ 0 N*
F F & E 95,907 Y* Total Assets 122,907 Y*
Leasehold 0 Y*
*Included?  

Lease/Month: 1784 Square Footage: 1600 Building Type: Strip Center
Terms & Options: New lease terms available Expiration Date: 5/31/2028

Loan/Assumable - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  
Loan/Seller - Amt:    Mos:   Rate:   Mo Pmt:    
Loan/Other - Amt:    Mos:   Rate:   Mo Pmt:    

RONALD MARK VANDIVER Office :  (855) 969-3534  
ASSOCIATE Fax :    
  Home :  (314) 971-0984  
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (314) 971-0984  
2640 GOLDEN GATE PARKWAY, SUITE 204        
NAPLES, FLORIDA 34105 Email :  [email protected]  
USA Home Page :  sunbeltofflorida.com