Upscale Specialty Pet and Animal Supply Retailer with RE

pic-sent-from-WLS.
$1,350,000

Listing #: 1582
Location: NH

This thriving, one-of-a-kind retail/regional-wholesale business is both well-known and highly respected across the industry. A market leader that holds vast regional market share in popular categories including pet & animal, lawn & garden, backyard living, and New England lifestyle, among others. The nature of this business has proven time and again to be resistant to cyclic recessions, and now has proven growth despite the ongoing global pandemic. If you are looking for a proven and profitable concept that combines the attraction of New England lifestyle with innovative service and wholesome charm, this could be a perfect fit for you! The real estate is also available for sale which would allow for complete control of the location, which is also in early stages of robust economic development, making this an excellent opportunity for future growth. The operation would be perfect for an individual who wants to run and grow a popular and thriving business, or for a current operator of pet supply or agriculturally-focused stores looking to expand into a profitable location. This business boasts state-of-the-art operating systems and is ready for turnkey transition of ownership.
(NOTE: Included in the Cash Flow/SDE stated is $288,287 which is to service debt on the Real Estate. The estimated net Cash Flow/SDE after servicing the Real Estate debt is $404,000.

Financial Information:
Yearly Gross: $7,579,632 (Year end June 30th 2021)

Cash Flow / SDE: $755,584 (Year end June 30th 2021)

Assets / FFE: $500,000 (Included)

Inventory: $418,000 (Not included)

Real Estate: $3,000,000

Financing: (SBA financing should be available with 15-20% down.)

Asking: $1,350,000 (Business)

General Information:
Year Established: 1971
Facilities: large modern retail store and warehouse. Parking
Type of location: Retail/commercial Growth and Expansion: increase on line sales.
Support/Training: Owner will assist in a smooth transfer
Reason Selling: other business interests Employees: 22 FT
Franchise: No Home-based: No Re-locatable: No

For more information, please contact:
Company: ROI Corporation a BBANE Affiliate
Broker: Gary Rayberg

Phone: 781-682-6209 ext. 208

Email: prospect@roibusinessbrokers.com