MergerPlace

Motivated Seller!

California


  • Asking Price: $300,000
  • Gross Income: $1,000,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #211975
  • Established: Not Disclosed
  • Employees:

Business Description

Seller's family medical crisis requiring relocation presents a unique buyer opportunity to acquire a brand new, fully equipped pet specialty retail store at below cost. This pet specialty food and supplies store is the first franchise location in northern California. New construction, all new f,f & e, fully stocked inventory, 10 year franchise and 10 year lease agreements in place. Store opened in July 2018 and is already operating at $25,000 sales per week. Reporting data from 26 franchised stores open less than one year show average weekly sales of $29,319 and annual gross sales of over $1.5 million. Annual sales for stores open 2-3 years is over $2.1 million. Owner invested $772K out of pocket to open the store in July 2018 and is offering the complete business at $300K, including $160K in Inventory, $140K in Leasehold Improvements and $289K in F,F&E.


Business Details

Primary Business Category: Retail Trade - Pet Supplies
Location: California

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $300,000
Gross Revenue: $1,000,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Jack Flowers

Business Team