Fast Growing Pet Supply / Grooming / Boarding Biz
Not Disclosed, TX Not Disclosed
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- RE: Fast Growing Pet Supply / Grooming / Boarding Biz
- Contact: Steven Graham
Quick Facts
| Asking Price: | $1,800,000 | |
| Annual Revenue: | $1,808,092 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $331,265 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $120,641 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | 8 | |
| BBN Listing #: | 987296 | |
| Broker Reference #: | 52941-149178 |
Business Overview:
Located in one of the fastest growing cities in north Texas, this amazing pet supply / grooming / boarding store is growing at an accelerated pace. Customer revenue has doubled from $935k in CY 2022 to $1,808k for the YTD 9/24 Annualized time frame. Based on a detailed 5-Year projection of the business, the resulting 5-Year DCF shows a $3.5M value or a 39.5% IRR given the current purchase price of $1.8M. This high return represents a great opportunity for an investor wanting to purchase a fast growing business that has been modeled to reflect a business that can be run passively.
The business is well know for its quality of service and products with a current Google review average of 4.9 with 300+ reviews. The store carries the best brands available and it offers local Texas farm feeds, frozen pet foods, quality kibbles, freeze dried treats, canned foods, chews and toys.
The owner has been very deliberate to create the business with an advanced POS/inventory system that could handle the growth as well as online shopping and has fitted the business with the best kennels and other items to be able to offer the highest quality services and products to their customers.
At a price of $1.8M and a supportable 5-Year projection of the business, this is a great business for an investor to purchase and reap a great return on their investments.
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Property Features and Assets:
Monthly Rent: $9,045.46
Square Units (Foot, Meter): 4,070
Lease Expiration Date: December 31, 2027, 3:00:00 AM
Reason for Selling:
Pursue Other OpportunitiesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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