Nicely Profitable Pet Supplies Business

Springfield, MO
Greene County

Located in southwest Missouri on a very busy st


Asking Price: Annual Revenue:
$265,000 $954,748

Retail: Pet Stores & Services


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RE: Nicely Profitable Pet Supplies Business Broker: Jerry Myers
Owner Financing is Available!
Seller will consider providing some seller financing if required by SBA lender.

Quick Facts

Asking Price: $265,000
Annual Revenue: $954,748
Net Profit: $112,322
Cash Flow: $112,322
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 10
BBN Listing #: 792734791
Broker Reference #: 42014314

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Business Overview:

Highlights of Business
• Business is well established and widely known with substantial repeat business
• Upside potential by expanding grooming services, online sales, and digital/social marketing
• Very clean books and records
• Business sells no pets
• Seller will train
• Business qualifies for SBA financing, which means lower down payment and longer payment terms
• Seller will sign a non-compete agreement
• Owner is retiring

Financing
This business qualifies for SBA financing, since it has good books and records, and is priced appropriately for its Discretionary Earnings.

Inventory Included in Sales Price
$204,000 of usable inventory is included in the sales price of $265,000.

Growth Opportunities
The sellers believe that the profitability of the business could be improved by
1) Expanding grooming services
2) Online sales
3) Digital/social marketing
4) Adding a line of fish supplies

Calculation of Price of Business
The price of the business was determined by a business valuation performed by the broker, called a Broker’s Opinion of Value in which the Most Probable Selling Price (MPSP) was determined. The MPSP for this business was determined to be $265,000, and the seller has chosen to offer the business on the market for that value.

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Property Features and Assets:

The business operates from a nice facility approximately 8,000 square feet located in a strip center on one of the busiest streets in town.

Market Competition and Expansion:

The business has normal competition in the area, including several chain pet supply stores which have opened in the last few years.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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