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Pet Supply Store
Location: United States -> New York -> Brooklyn
Industry: Business Services > Pet Care




Business Summary

This Pet Supply Store in an Affluent Section of Bklyn can be purchased for less than 1.5 times the $138,000 annually the owner puts in his pocket. He grosses $12K weekly, of which $10K is verifiable on credit cards; the rest is in cash. Rent is only $4,200 per month and that's for 700 square feet in a great neighborhood for an upscale shop of this kind. The landlord stands ready to give you a new 5 year lease with a 5 year option. It would cost you at least $25K to replace the shelving and the rest of the furniture, fixtures, and equipment in the store. The basement is the same footprint as the retail space and is kept dry and clean for additional inventory storage. Upon visiting this location, you will be wowed by the breadth and depth of product offerings for not only dogs and cats, but also other pets like birds, fish, rabbits, gerbils, and hamsters. However, pets themselves are not sold here. Inventory is not included in the asking price, but can be purchased at closing based on the seller's original cost.

The store comes with its own ATM, which adds some profit to the bottom line. You would be wise to create a website for this business and promote the availability of delivery services. Please be very discreet when visiting this location, as the employees and customers do not know it's for sale. Should you want to make an appointment to meet with the sellers and get a full tour, kindly contact the listing broker Jay Goldman. Please call 1-877-735-5224 for further information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $624,000
Cash Flow:   $138,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2014
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Other

Photos

View Larger Photo(s) Of Business
Pet Supply Store Photo 1 Pet Supply Store Photo 2 Pet Supply Store Photo 3




Print Listing Id: 700319751
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Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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