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 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 protected] | ||
USA | Home Page | : | sunbeltofflorida.com |