Asking Price: $8,900,000
Gross Revenue: $15,047,128
FF & E:
Southeast United States
Operating under one of the most recognized names in the pet industry, these four stores are known for excellent customer service and friendly advice. In business for more than 2 decades, the stores are well established, proven to be recession proof, have a loyal and growing customer base and are highly profitable. The sale is part of a retirement plan for the current ownership.
Attractive, Destination Locations: Because of their reputation, these stores are considered destination locations, and pull customers from more than a 50 miles radius and each store resides in a popular shopping center in an area of steady growth, and customers enjoy the convenience of the locations being very close to major highways that run through their trade areas.
Strong Parent Company: These stores benefit from the strength of their well-established parent franchise, which has been routinely ranked among the best franchises both in the U.S. and globally.
Low Level of Direct Competition: The stores face little to no direct competition from retail stores with similar offerings, and they set themselves apart from online and other competitors with their attention to customer service.
Solid Management Team: The business runs with a solid management team in place expected to stay post acquisition. The owners do not work in the business on a day-to-day basis.