Active
Very Profitable Petland Store in the South
| Category | : | Animals/Pets | SIC | : | 5999 | |
| Detail | : | Pet Shop | Price | : | 7,500,000 | |
| County | : | Gwinnett | Down | : | 7,500,000 | |
| State/Prov | : | Georgia | Disc Earn | : | 1,801,207 | |
| Country | : | USA | Sales | : | 7,389,448 |
|
This Petland store has a great location and it is one of the most profitable in the country. They source high quality puppies from the best USDA inspected breeders which produces very high gross margins with almost no competition. The business can continue to be run absentee since there is a experienced management team in place. The owner expects excellent growth in the top and bottom line for 2023. |
| Documents on File | : | Equipment List: Y Lease: Y Corp Resolution: Y |
| : | Cash Flow: N Balance Sheet: N |
| : | Standard Agreement: N Signature on File: Y | |
| Showing Remarks | : | Contact Broker to schedule a zoom call with the owner |
| Reason for Sale | : | Other Business Interests |
| General Location | : | Southern US State |
| Organization Type | : | 'LLC' Hours Owner Works: 5 |
| : | Years Established: 6 Years Owned: 1 Emp FT: 28 Emp PT: 2 Mgrs: 4 | |
| Non Compete | : | Miles: 50 Years: 5 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | M-S 5am -10am-9pm Sunday 11am-7pm |
| Skills/Licenses | : | None |
| Business | : | Is Relocatable: N Is Home Based: N Is a Franchise: Y Is Lender P/Q: N Should Qualify For Visa: Y |
| Data Source | Trailing 12 Mos | |||
| Year (Cash Flow) | 2022 (N) | (N) | (N) | |
| Gross Revenue | 7,389,448 | 0 | 0 | |
| Cost of Goods | 2,072,675 | 0 | 0 | |
| Gross Profit | 5,316,773 | 0 | 0 | |
| Expenses | 3,724,936 | 0 | 0 | |
| Net | 1,591,837 | 0 | 0 | |
| Owner Salary | 29,686 | 0 | 0 | |
| Benefits | 0 | 0 | 0 | |
| Interest Expense | 145,963 | 0 | 0 | |
| Depreciation | 17,037 | 0 | 0 | |
| Other | 16,684 | 0 | 0 | |
| Discretionary Earnings | 1,801,207 | 0 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 100,000 | Y* | ___________ | 0 | N* |
| F F & E | 130,000 | Y* | Total Assets | 230,000 | Y* |
| Leasehold | 0 | N* | |||
| *Included? |
| Lease/Month: 38166 | Square Footage: 6100 | Building Type: Indoor Mall |
| Terms & Options: 9 years left + 5YR option | Expiration Date: 11/21/2036 |
| JOSEPH ALTER | Office | : | (239) 849-9334 | |
| 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 | : | [email protected] | ||
| USA | Home Page | : | sunbeltofflorida.com |
Listed By: Joe Alter
Background information
Reference:
52421
Finance
Sales:
$7,389,448
Profits:
$1,801,207
Profit type:
EBITDA
Price and terms
Price:
$7,500,000
Down payment:
$7,500,000