Business For Sale - Aquatic Store

Retail-Commercial for Sale
Catylist Listing ID: 30824938
Property Subtypes: Free-Standing Building, Street Retail, Other
Building Size (RSF): 3,000 SF
Gross Building Area: See Agent
Sale Price: $99,999
Unit Price: $33.33 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Fish Store
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/17/2023

Overview / Comments

This well-established tropical ?sh store was opened in 1978. The current owners have owned it since 2000. After owning the business for 22 years the seller is ready to retire and turn this successful store over to a new owner. The store is well known in the local market for its large selection of ?sh and accessories.

There is competition in the local market by the big box pet stores. This store o?ers over 300 varieties of tropical ?sh which is more than most of the big box stores. This store o?ers a personal touch that can not be achieved by big box stores.

A new owner could expand into other pet related industries. A new owner could also expand the hours of business. Currently the business is open less than 40 hours a week.

Own an aquatic store with the personal touch
Located in Fort Wayne, IN
Inventory and FF&E included in asking price
Gross Revenue: $334,101
Cash ?ow: $66,000
Inventory: $18,000
FF&E: $15,000
Employees: 1
Seller ?nancing available
Seller will provide buyer with a transition period

Attachments & Media

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 000000000000000
Zoning: COMMERCIAL
Retail Clientele: General
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,772 83,592 169,188
Median Age: 29.49 31.71 34.42
Households: 5,452 31,648 66,650

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