$250,000 BUYS NORTH GEORGIA PET FRANCHISE
Seller:
Attn:
LOREN MARC SCHMERLER
Location:
Dalton, GA, USA
Listing Number:
"1040677"
Overview:
*** Buy a well established business for an 80% reduction in price. *** Let me paint you a picture of an incredibly georgeous full-service pet store. The owners treat their pets like gold, treat their customers like gold and are good citizens within the community. The franchise is nationally reknown, and many franchisees own multiple locations. The best part of all is that the current owners have spent this past year building a customer base and sales are projected to be roughly $1.3 million for 2007. There is no reason why this store cannot be increased to sales of $2.0+ million within 24 months. At this level, profits would be very strong. IF YOU FOCUS ON THE FUTURE AND NOT THE PAST, I'LL HAVE YOU WAGGING YOUR TAIL, PURRING AND FLAPPING YOUR WINGS IN NO TIME AT ALL.(Now it wouldn't be very FINNY to leave out the reference to fish.) The royalty is 4.5% of sales, and the store must spend 3.5% of sales on advertising. There are 4-5 full-time employess and 18-20 part-time employees. Buyer must buy inventory and pay 1/2 broker's fee.
Property Features and Assets:
5,370 sq. ft. in a very busy strip mall along a heavily traveled highway. Rent is $5,700/month. Ten year lease with 10 year option. Furniture, Fixtures & Equipment: $657,580 *** Inventory: $121,000 (not included in price).
Market Competition and Expansion:
Competition: There are 3 other competitors, but they cannot hold a candle to this business. *** Growth and Expansion: Additional marketing and advertising will help grow the business.
Additional Details:
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