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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 :  [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