- Location
- Memphis, Tennessee
- Categories
- Pet Service
- Seller Financing
- Not Available
- Gross Revenue
- $1,970,974
- Cash Flow
- $273,000
- Is the property owned or leased?
- N/A
- How many square feet is your location?
- 4080 sq.ft
- What is the monthly cost of your location?
- $9,675
- Is this business that you wish to sell one location or a franchise?
- A Franchise
Business Description
This Petland store opened in 2021 and has been growing their revenue each year to get to profitability. In their first year (2022), the revenue was $1.2MM which grew to over $1.9MM in 2023. This year is trending to beat $2.3MM by the end of 2024. They are selling puppies at a very high margin at around 75% Gross Margin.
Reason for Sale
Seller needs to attend to other businesses in another state.