Pet Supply Store in Brooklyn 31124

Not Disclosed, NY
Kings County

Asking Price: Annual Revenue:
$199,000 $624,000

Retail: Pet Stores & Services

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RE: Pet Supply Store in Brooklyn 31124 Broker: Jay Goldman
Owner Financing is Available!
$199,000.00 Down & Please make you best all-down offer!

Quick Facts

Asking Price: $199,000
Annual Revenue: $624,000
Net Profit: Not Disclosed
Cash Flow: $138,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 1
BBN Listing #: 45854447
Broker Reference #: 31124

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Business Overview:

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 $12,000 weekly, of which $10,000 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 $25,000 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 contact us for further information.

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Reason for Selling:


Additional Details:

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

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