Franchised Pet Store with High Margins — Sale in Memphis, TN

  • Price: $950K
  • Listing type: For sale
  • Asset type: Business
  • Location: Memphis, TN 37501

Photos

Franchised Pet Store with High Margins — Sale in Memphis, TN, photo 1 of 1

Description

This Petland store opened in 2021 and has been growing their revenue each year to get to profitability. In their first year (2022), the revenue was $1.2MM which grew to over $1.9MM in 2023. This year is trending to beat $2.3MM by the end of 2024. The current owner has now hired/trained three managers who are able to run semi-absent from a different city. Seller financing is available at 6% interest rate.

Market Context

This commercial property in Memphis, TN is listed for sale at $950,000. Compare it against other commercial property listings for sale in Memphis, TN — view the full market.

Contact

  • joe alter — sunbelt of naples
  • Joe Alter

Explore this market

Similar Business for Sale in Memphis, TN