Own an established turnkey Pet Store and have a wonderful lifestyle in the Keys, or buy the property only!

Established successful pet store in wonderful location in Key Largo with real estate property included. The storefront building includes office, storage and a 3 bedrooms/3 bathrooms apartment fully renovated on the 2nd floor, with a small yard, and 5 parking spaces, and 5 additional. Storefront with great visibility, easy access and wonderful location!

This business has been a staple in Key Largo for over 50 years offering the best service and a wide variety of pets and pet supplies. Extremely pet friendly community.
Highly trained and experienced team is expected to stay.

The price for the business only is $ 250,000.00 and the sellers are willing to finance the building with 25% down payment at a rate of 7% for a term of 20 years negotiable, or they can also sell the building only for $ 2,250,000.00 and will need 60 days to liquidate the inventory and equipment.

The ideal candidate should have pet business experience and desire for a great lifestyle.

Down Payment: $625,000

Total Sales: $1,020,811

Cash Flow: $91,588

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $100,000

FFE Included: Yes

Inventory: $50,000

Inventory Included: Yes

Year Established: 1974

Year of last Acquisition: 1974

Days & Hours of Operation: Monday to Saturday 9.30-5.30pm

Owner Hours Per Week: 30

Lender Pre-Qualified: No

Non-Owner Payroll: N/A

Employees: 4

Managers: 1

Absentee Owner: No

Security on Lease: No

Lease Option: no - real estate is for sale

Real Estate: $2,250,000

Real Estate Included: Yes

Monthly Rent: N/A

Type of Location: free standing building on main road - Key Largo

Square Footage: 4910

Franchise: No

Relocatable: No

Facilities Information:

Wonderful location! Live in paradise and own a pet store that will pay for your expenses! - Free standing building store combo with office, storage and residential apartment of 3 bedrooms!. store hours: 9.30AM to 5.30PM. closed on Sundays and Holidays Great visibility and amazing lifestyle!

Terms and Conditions?:

20 years seller financing with 255 down payment at 5% interest for 20 years

Reason For Sale:

retirement and relocation

Training & Support:

Seller will train for 2 weeks at no cost and can stay longer on a salary basis

Historical Summary:

No competition in this area and the store is well known and has great reputation.

Potential Growth:

Online sales and a good website would bring easily and quickly additional income

Financing/Terms:

20 years seller financing with 255 down payment at 5% interest for 20 years