Price: $150,000
Location: Spring Hill, FL
Industry: Pet Stores and Supplies
Listing ID: 423600172
Listing Status: Sold
Exotic Pet Shop Poised For Growth
This unique business has been a staple in the Spring Hill community for over 19 years. Currently marketing is only to local residents; however, the website can allow the ability for online sales. They specialize in selling reptiles and other exotics, their live food and all the supplies. They breed some of the animals in-house to offer better quality and health. They also sell aquatic supplies and freshwater fish. There is opportunity to add ferrets, hamsters, gerbils and birds.
There is no specialty competition within this community. Seller will train new owner. Seller has multiple businesses and cannot give full attention to this business.
Down Payment: $150,000
Total Sales: $172,351
Cash Flow: $47,752
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $15,000
FFE Included: Yes
Inventory: $60,000
Inventory Included: Yes
Year Established: 2005
Year of last Acquisition: 2014
Days & Hours of Operation: T-F 10am-6pm, Sat 10-5, Sun 12-4
Owner Hours Per Week: 45
Non-Owner Payroll: N/A
Employees: 2
Absentee Owner: No
Lease Option: month to month
Real Estate: N/A
Monthly Rent: $2,132
Type of Location: Strip Mall
Square Footage: 1650
Relocatable: Yes
Facilities Information: 1650 square foot space that is located in a strip mall.
Reason For Sale: Sellers own other businesses
Training & Support: Two weeks at no cost
Competition: They are a specialty store that has no close competition. There are a few big box stores, but their focus is on other types of animals.
Potential Growth: A new owner could add different exotic animals such as birds or small animals such as hamsters and ferrets. In addition, there is plenty of retail space to create additional breeding projects in house. Finally, the store's website could be used to set up an online store.