Pet Supply Store in an Affluent Section of Bklyn - 31124 Business Type: pet shop/supplies
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $199,000 | Down Payment | $199,000 |
| Gross Revenues | $624,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $138,000 | Number of FT Employees | Register Free to View |
Financing
$199,000 Down and Please make you best all-down offer!
Business Description
This Pet Supply Store in an Affluent Section of Brooklyn can
be purchased for less than 1.5 times the $138,000 annually the
owner puts in his pocket. He grosses $12K weekly, of which
$10K 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.
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.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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