CHARLOTTE, North Carolina
| Asking Price |
$4,200,000 |
Year Established |
2023 |
|
| Annual Revenue |
$4,662,378 |
Reason for Selling |
Seller is planning to use closing funds to build out nine more stores in other states |
|
| Annual P/L |
|
Attention |
Joe Alter |
|
| Annual Cash Flow |
$1,050,000 |
Listing Number |
1013393 |
|
| # of Employees |
16 |
Business Category |
Services: Pet Care & Grooming |
|
Business Overview:
Sunbelt is offering investors a unique opportunity to acquire a proven, high-growth pet franchise portfolio in the Carolinas. Based on a very simple business model, high margins, and very limited competition.
The acquisition includes two locations and a third location is available. This is a genuinely absentee-owner model with demonstrated operational independence, run by a local manager.
The pet industry is one of the most resilient and recession-resistant consumer segments in the United States, consistently posting growth through economic cycles. Also, this business is A.I. Resistant, with gross margins at 70%.
Property Features and Assets:
These stores are location in Specialty-grocery anchored shopping centers
Market Competition and Expansion:
This franchisee territory allows more stores, which will be transferred to the buyer at closing. There is very limited competition becasue it is difficult to purchasing more than 1,000 puppies per year, which creates a significant barrier to entry.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity