Seller Financing Available

Asking Price:

$425,000

Gross Income:

$560,821

Cash Flow:

$103,324

EBITDA:

N/A

FF&E:

$128,023.00 *

Inventory:

$248,965.00 *

Real Estate:

N/A

Year Established:

1972

Employees:

6

Business Type:

Pet Shops & Supplies

* included in the asking price

Business Description

PRICE REDUCED!!! This is a very motivated seller who will entertain any reasonable offer.
This full-service pet store has been in business for over 30 years, providing a full range of products and services for pets and their owners. They sell live animals, fresh & saltwater fish, as well as feeders, food and supplies and provide grooming services. This is a one-stop pet store with a well trained, knowledgeable staff.
Sales for 2008 were lower than 2007, although they netted more money by focusing on smarter buying opportunities and better inventory control. They are currently developing a retail web site, to expand their marketing efforts to local customers as well as those outside of their market. They have arranged “ship direct” programs with major national suppliers, so they have a broad product offering without the need for a large inventory. This program has tremendous upside potential.
The business is pre-approved for SBA financing for a qualified buyer. This is a great opportunity to own a thriving business with a strong market presence in a fast-growing community.

Detailed Information

Facilities:

8,000 sf

Financing:

negotiable for a qualified buyer

Support/Training:

80 hours

Reason Selling:

retirement