Franchised Pet Store with High Margins

Franchised Pet Store with High Margins

Asking Price: $950,000

Memphis, Tennessee
Pet Service
Seller Financing
Not Available
Gross Revenue
Cash Flow
Is the property owned or leased?
How many square feet is your location?
4080 sq.ft
What is the monthly cost of your location?
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.

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