Issue link: http://deals.uberflip.com/i/1323283
Central Kentucky—Asking Price: $1.2MM Growing, Turnkey Pet & Supply Store In Upscale Suburban Loca on Mark Long, Senior M&A Advisor Tel: (614) 448-6640 Fax: (972) 232-1132 Email: mlong@genera onal.com www.Genera onal.com I www.DealForce.com 2020 Est. Revenue $2.15MM I 2020 Est. SDE $400K Highlighted Investment Considera ons • Recurring Revenue: The Company has an overall 75% rate of repeat/recurring customer sales. The diversified customer base reduces the risk of dependency in any one area. • Local Visibility/Awards/Recogni on: The Company plays a vital role in the industry as well as its community. It has o en been featured in trade magazines and supports many local chari es and groups. • Sales Per Square Foot Above Industry Averages: The Company's sales/square foot of over $300 is significantly higher than industry averages for pet superstores and franchises ($200 - $250), and independent pet stores (under $200). • Profit Percentage Above Industry Benchmarks: The Company's pretax profit margin of 9.6% in 2019 is nearly 14 mes higher than the average industry ra o of 0.7%, reflec ng successful product/service offerings and opera- onal efficiencies. • Outstanding Growth Opportuni es: Several opportuni es exist for growth in future years, including expanded service offerings in grooming, boarding, aquarium and pond maintenance, addi onal breeders and pet choices, as well as regional expansion in surrounding high poten al areas. For more information, please sign the Confidentiality Agreement DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and its affiliate network members is an agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. The Company is an independent full line retail pet store and grooming salon. Revenue consists of supplies (50% of 2019 sales), pets (36%), grooming (7%), aquarium maintenance (6%), and boarding (1%). The available product line includes popular selling brands in all major product categories among a very wide range of pets and exo c animals, food, equipment, and supplies. In 2019, the Company averaged 3,000 sales ckets per month, with an average $40 per cket revenue. The Company is the only Cer fied Companion Animal Specialists in Kentucky. The six cer fica ons include: freshwater fish, canine, feline, avian, small animal, and rep le. The Company operates from a 4,700-square foot retail store and office facility, and employs 3 full- me and 17 part- me employees. Client #62044