$Seller Financing Available
| Asking Price |
$300,000 | Inventory |
$95,000* |
|---|---|---|---|
| Gross Income |
$788,446 | Real Estate |
|
| Cash Flow |
$83,698 | Year Established | 1981 |
| FF&E |
N/A | Employees | 2.66 |
* included in the asking price
** not included in the asking price
Strong sales in recent years! No recession here! Now is an exciting time to look at this well-known retail franchise store that has been in operation for over 25 years. The company attributes its long term success to maintaining a loyal customer base by providing excellent service and products, and the forecasted future of the pet supply industry is particularly strong when compared to the rest of the retail sector. The current owners have enjoyed strong and steady income levels since acquiring the business. The franchise is positioned in a high-traffic, prime retail location with a readily recognizable store front.
Facilities: Interior shelving and displays necessary to hold stock will be sold with the company. Almost all of the equipment is new with a long estimated useful life remaining.
Competition: This company represents the only pet supply brand in the local market. Although there are two other pet supply retailers in the area, they appeal to a different customer demographic.
Growth/Expansion: This is a mature business in a reasonably mature industry. Growth is anticipated to come from two primary sources, organic growth of the population in the catchment area of the store, and growth derived from the shift in product mix to capture the purchasing trends amongst pet owners. The existing store, while utilizing existing retail and storage space can accommodate significant sales growth before a requirement for larger premises is required. The necessity is not perceived within the forecasting period provided for this business.
Seller Financing Available: Yes
Support/Training: The seller is willing to stay on to train and educate the buyer on all processes and product knowledge.
Reason Selling: The current owner is moving on to other endeavours for heath reasons.

Jennifer Werry
519-473-2227
Sunbelt Business Brokers London
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