Franchised Pet Store with High Margins
This Petland store opened in 2021 and has been growing their revenue each year to get to profitability. In their first year (2022), the revenue was $1.2MM which grew to over $1.9MM in 2023. This year is trending to beat $2.3MM by the end of 2024. The current owner has now hired/trained three managers who are able to run semi-absent from a different city. Seller financing is available at 6% interest rate.
Financials (USD)
Asking Price $950,000
Cash Flow $273,000
Sales $1,970,974
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Yes
Management will stay? No
Relocatable? No
Real Estate? No
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