Exceptional Retail Franchisee-$4.6M Sales

Not Disclosed, MI

Michigan


Asking Price: Annual Revenue:
$3,300,000 $4,612,214

Retail: Pet Stores & Services


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RE: Exceptional Retail Franchisee-$4.6M Sales Broker: Sun Acquisitions

Quick Facts

Asking Price: $3,300,000
Annual Revenue: $4,612,214
Net Profit: Not Disclosed
Cash Flow: $936,834
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 34
BBN Listing #: 613557220
Broker Reference #: 3N1087

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Business Overview:

Exceptional opportunity to acquire extremely profitable retail franchise focusing on a fast growing segment of the market and having very little effect from online sales. The business has been in the same location for almost 25 years with annual sales and cash flow in the top 5%-10% of the corporate Franchisor’s large chain of stores which are located nationally and internationally.

The Franchisor is a leader in its industry, and has twice named the Seller as its Store of The Year out of approximately 130 stores. The business is located in a highly visible desirable location in a community of affluent shoppers and has approximately 10 years remaining on it existing lease. The Seller is mostly absentee and has a large well trained management staff to operate the business day to day. Seller training of the new owner/operator is included in the asking price. The Franchisor will also train and provides ongoing support and an exclusive territory. The business has been prequalified for SBA bank financing which requires a down payment of only 10% of the purchase price with a term of 10 years. This is a special opportunity for an individual seeking his/her own high-performance business. Seller is retiring and feels an owner/operator could dramatically grow the business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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 a franchise resale opportunity.

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