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Business for Sale

Pet Supply Store in an Affluent Section of Bklyn
Kings County, NY

Listing #31124

   
Financial Information (non-confidential)
Asking Price $199,000.00 Gross Revenues $624,000.00
Down Payment $199,000.00 Owner’s Cash Flow $138,000.00

Financing: $199,000.00 Down and Please make you best all-down offer!

Reason for Selling:The seller has one too many businesses to run

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.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
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Marie Goldstein

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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