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Pet Supply Store In New York For Sale

Brooklyn, New York
Asking Price:
$199,000 (USD)
Sales Revenue:
$624,000 (USD)
Cash Flow:
$138,000 (USD)

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. Should you want to make an appointment to meet with the sellers and get a full tour, kindly contact the listing broker Jay Goldman.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

The seller has one too many businesses to run

Employees:
1

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

199,000.00 Down & Please make you best all-down offer!

Furniture / Fixtures value:
$25,000 (USD)
Inventory / Stock value:
$100,000 (USD)

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