Printer






Very Profitable Pet Store in S.W. Florida


Data Source P/L Statement Tax Return Tax Return  
Year (Cash Flow) 2019 (N) 2018 (N) 2017 (N)  
Gross Revenue 3,609,212 3,773,610 3,629,640  
Cost of Goods 1,358,051 1,574,825 1,552,105  
Gross Profit 2,251,161 2,198,785 2,077,535  
Expenses 1,616,907 1,490,735 1,342,559  
Net 634,254 708,050 734,976  
Owner Salary 30,000 30,000 30,000  
Benefits 89,812 84,382 91,105  
Interest Expense 0 1,408 0  
Depreciation 1,408 1,408 1,408  
Other 0 0 0  
Owner Benefit 755,474 825,248 857,489  

Accounts Rec 68,000 N* Real Estate 0 N*
Inventory 200,000 Y* ___________ 0 N*
F F & E 131,625 Y* Total Assets 461,625 Y*
Leasehold 130,000 Y*
*Included?  

Lease/Month: 12326 Square Footage: 6000 Building Type: Strip Center
Terms & Options: New long-term lease avail Expiration Date: 4/18/2020

Loan/Assumable - Amt:  0  Mos: 0  Rate: 0.00  Mo Pmt: 0.00  
Loan/Seller - Amt:  270,000  Mos: 60  Rate: 7.00  Mo Pmt: 5,346.32  
Loan/Other - Amt:  2,160,000  Mos: 120  Rate: 7.75  Mo Pmt: 25,922.30  

JOSEPH ALTER Office :  (239) 849-9334  
BROKER Fax :  (866) 985-8735  
  Home :  (239) 849-9334  
SUNBELT BUSINESS BROKERS NAPLES & FT MYERS Cell :  (239) 849-9334  
3510 KRAFT ROAD        
NAPLES, FLORIDA 34109 Email :  [email protected]  
USA Home Page :  www.sunbeltnetwork.com/naples-fl  

 



Puppy6

Background information

Reference:

NAPFL001-N37

Year established:

2000

Reason selling:

Retirement

Finance

Sales:

$3,609,212

Profits:

$812,164

Profit type:

Discretionary Earnings

Premises

Facility:

The 6000 SF store is located in a busy shopping center with alot of traffic passing the store in all four directions. There is a 5 year option available or a new lease can be drafted.

Square footage:

6000

Rent and lease terms:

Buyer can take over existing lease which has another 18 months left plus a 5 Year extension or draft a new lease.

Location:

Store draws from a wide area due to their marketing efforts and their reputation for selling beautiful puppies.

Price and terms

Price:

$2,700,000

Down payment:

$2,700,000