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Popular Pet Supply Store with Excellent Location

Hendersonville, TN (Sumner County)

Popular Pet Supply Store with Excellent Location

Asking Price:$295,000

Cash Flow:$117,000

Gross Revenue:$820,500

EBITDA:N/A

FF&E:N/A

Inventory:$100,000*

Lease Rate:N/A /SF

Established:N/A

*not included in asking price.

Popular Pet Supply Store with Excellent Location

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Business Description

To meet the needs of a wide variety of pet owners, the company offers their customers a select lineup of top quality pet products, supplies, and high-quality all natural foods, treats, and raw diets. Products include:

Dogs – tags, collars, leashes, dog food, beds, toys, grooming supplies, clothing, and crates

Cats – cat scratchers, beds, cat food, litter, collars, and toys

Small Animals – bedding

The company also offers professional bathing and grooming.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
6/30/2019
Facilities:
The upscale strip shopping center lease runs through June 30, 2019. The lease is transferable, but the landlord must approve.
Competition:
The mid-Tennessee market potential is huge. The location of this store is in a prime retail space in a fast growing area. Within seven miles of the store there is a population of 126,000 people with an average household income of over $81,000. The municipality is located on a beautiful lake and has access to some of the best schools in Middle Tennessee.
Growth & Expansion:
“Tennessee ranks eighth for dog ownership in the U.S., according to the American Veterinary Medical Association . . . in its U.S. Pet Ownership & Demographics Sourcebook [2012]. Slightly more than 44 percent of all households in Tennessee include a dog.” —nooga.com, January 2013. The new owner can create a new website to add eCommerce sales.
Support & Training:
The owner will remain with buyer for a reasonable period. During this time, they will provide adequate training on all processes and operations and will transfer all relationships with vendors and employees.
Reason for Selling:
To pursue other business interests

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Edmond Legum

Business Listed By:
Edmond Legum

Alliant Capital Advisors LLC

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Sponsoring Broker:
Bill Marrero

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