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Businesses For Sale > Business For Sale in Portland, Maine (ME)

Popular Pet Supply Superstore for sale in Portland, ME

Portland, Maine (ME)

Asking Price: Gross: Cash Flow:
$ 580,000 Undisclosed Undisclosed

Business Summary:
This franchise has earned an excellent reputation by offering a wide array of food, accessories, grooming services and animal care knowledge provided in a welcoming environment. Each franchise is large enough to offer everything customers need to pamper their pets, but small enough to feel like home. The company has built its success by understanding the unique bond between humans and their pets. Their customers experience convenience, value and fun in every store.

This franchise offers franchisees the opportunity to enter the lucrative pet specialty industry without having to go it alone. The pet business is fun, simple to operate, recession resistant and scalable. This franchise is one of the largest of its kind operating with hundreds of stores across the country.

Features of business.
Fun, exciting and simple to run:
Minimal number of employees to manage
Mature and recession resistant, consistently growing at 6.5% per year
$58 billion industry
70% of all American households own at least one pet
Partners with local shelters and rescues to foster adoptions
Significant contributions from landlord helps lower build out costs
Low royalty fee of 2% for first year, and 3% thereafter
65% of franchisees own 3 or more stores
Extensive on-going support, no retail experience needed
They are the leader in natural, raw and organic foods
Decades of experience with the franchisor
Experienced management team
Stable ownership
Both franchise and company owned stores

Multi-unit franchisees focus on working with their store managers and growing their business. Emphasis on marketing, financial management, real estate and growth. Each store manager handles the day to day operations.

This sale is confidential. The information contained in this ad does not constitute an offer to sell or award a franchise and may not reflect the most current facts. Such an offer can only be made in compliance with applicable disclosure laws. Offerings are made by Franchise Disclosure Document only. Relevant information for business purchase will be provided by the Franchisor and Seller.

Affordable Business Concepts, LLC does not make any guarantees or declarations regarding earnings. Before buying any business always consult your accountant, franchise attorney and/or financial advisers. Total Investment Price can vary significantly based on store size, build out, landlord TI contribution etc. Contact Affordable Business Concepts for current pricing and territory availability.

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Facilities / Terms of Lease: Stores are located in busy, neighborhood centers with food anchors. Stores range in size from 5000-10,000 square feet in 2nd or 3rd generation space. The more intimate size allows employees to provide a greater level of service. Significant contributions from landlord helps lower build out costs. A minimum of 60,000 population in a protected radius around the store. Population could be less in a smaller market. Many opportunities for stores in the greater Metro area.  
Potential Growth/Expansion: Majority of franchisees are multiple store owners with one owning 65 units! Ideal for the passive investor since each store is run by a Manager and Assistant Manager. Adding stores over time is a proven scalable growth strategy. This is a $58B recession resistant industry growing at 6.5% per year  
Competition: This is one of the largest pet supply chains in the country. They pride themselves on superior customer service and satisfaction. They are the largest supplier of natural, raw or organic foods. Stores have self-service pet washing available as well as small pets like fish and hamsters. NO Cats or Dogs. Those are sold through local shelters and rescue centers. This franchise supports those local community efforts. Huge buying power from hundreds of stores allows for greater variety of products and lower prices. $10M invested in POS and IT systems to support franchisees. Smaller stores mean lower rent, lower labor costs and lower prices with higher profits.  
Owner willing to finance: We can help you obtain an SBA Pre-Qualification in 24 hours or refer you to franchise friendly lenders. We can also help you use 401K funds to invest in your own business without penalties.  
Owner willing to train: Extensive training and support includes initial training, ongoing support, help lines, field support, annual meetings, advertising, central purchasing, etc. Training also covers Point of sales systems, marketing systems, operations, purchasing and merchan  
Reason for selling: This is a franchise looking for a new franchisee in your area. It is not an existing franchise for resale. Contact ABC to check for current pricing and availability. Affordable Business Concepts, LLC does not make any earnings guarantees or declarations.  
Seller Reference Number: petssportme Listing Number: 230706