Franchised Pet Store with High Margins

Memphis, US·Other

Listed by Sunbelt Business Brokers CanadaVerified broker

U.S. business opportunity in Memphis, Tennessee — suitable for Canadian buyers exploring the E-2 Treaty Investor visa. All figures converted from USD to CAD at 1.3974 (Nov 2, 2026). Original asking price: US$950,000. - Primary Industry:Pet Stores & Supplies 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. Established: 2021 Franchise: Yes Reason for sale: Seller needs to attend to other businesses in another state.