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- RE: Three Store Petland Territory In Memphis
- Contact: Joe Alter
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $2,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $115,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | 15 | |
| BBN Listing #: | SB-54500 | |
| Broker Reference #: | FTMFL001-54500 |
Business Overview:
This Petland store had been around for 24 years and had been selling a bit of everything: birds, fish, cats and some puppies. in 2022, a new owner wanted to make this more profitable by focusing on the puppies which drive revenue and gross margins. The list price includes a territory that will support two more stores in the Memphis area.
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Property Features and Assets:
The store is in a busy shopping center with larger anchor stores off I40.
Market Competition and Expansion:
Very little competition. Only competitors are local breeders focusing on one breed.
Reason for Selling:
Seller needs to attend to other businesses in another state.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
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