Profitable, well established business for sale

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Fort Lauderdale pet food store that's easy to run
Asking Price:
$320,000

Gross Revenue:
$540,000
Cash Flow:
$170,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$60,000
included in asking price

FF&E:
$15,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Our pet nutrition store has been continually refined and improved over the last 12 years to operate very profitably and efficiently in a small foot print of 1,200 sq ft. It can be operated by as little as one pers. It's ideal for a couple who want a family business in southern Florida. Fort Lauderdale is booming and the store can easily be relocated to any area around or in the city that you prefer. It comes completely equipped and stocked and ready to walk into and operate. The existing lease will expire in August 2019 so it will need to be relocated. We relocated the store 4 years ago to this site with a smaller footprint and it became more efficient and more profitable. Relocating was accomplished in 2 days.

About the Business

Year Established:
2006
Number of Employees:
1
Home Based:
Yes
Facilities:
Included is all the shelving, furnishings, TV, computer, and all equipment necessary to operate the store. It also includes the store completely stocked as is with $60,000 in inventory.
Website:
Brotherspetnutrition.com
Market Outlook/
Competition:
The big box pet supply stores are being hurt by Online sales as people opt for convenience but as the sales in big box stores dwindles the sales in the smaller, more intimate and better informed smaller local specialty stores is growing. People today are gravitating toward better nutritional choices for their pets. Smaller stores that carry better food and are knowledgeable about their products and the nutritional needs of their pets are in more demand and they create a higher degree of customer loyalty. Our store profit is up 17% over last year.
Growth & Expansion:
Fort Lauderdale is booming with high rises, apartment buildings, and townhomes being built everywhere and it's only going to get better as the baby boomer generation continues to migrate toward Fort Lauderdale, the warm and inviting boating capital of southern Florida. Relocate the store wherever you want in the Fort Lauderdale area and you'll enjoy the same continuing success that we've had over the years. Our customers are loyal and will follow the store anywhere in the immediate area as they did when we moved it 4 years ago.
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About the Sale

Reason For Selling:
We are moving to Kansas City, Missouri
Training/Support:
We will teach you how to run the store easily & efficiently. We've been at it for 12 years and have refined the operation to the point that one person can run the store alone. We'll teach you about nutrition for pets. This is an ideal setup for a couple who can share the operation of the store or take turns running it.

Listing Info

ID:
1423786
Ad Detail Views:
0

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Business Listed by
Richard Darlington

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U.S. Census Data for Broward County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Broward County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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