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HIGHLY SUCCESSFUL RECESSION PROOF PET GROOMING BUSINESS - SC2123


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HIGHLY SUCCESSFUL RECESSION PROOF PET GROOMING BUSINESS - SC2123

 
 

Financial Information

  • Asking Price: $689,000
  • Cash Flow: $211,973
  • Gross Revenue: $668,662
  • Down Payment: $689,000
  • Financing: No
  • FFE(Included): $50,000
  • Inventory(Included): $15,000

Business Location

  •  Northern California

Business Description

This Northern California Pet Grooming Business is a California S Corporation and was started 38 years ago and has been under current ownership for the past 28 years. They offer a full set of grooming services for dogs, cats, bunnies, and guinea pigs. Services include full-groom (bath/cut/brush/nails/anal glands/ear cleaning & plucking) to foxtail removal. This is a full-service pet salon…so everything that your pet needs for grooming can be done here! A large portion of the business directly comes from word of mouth and repeat customers (considering the number of years they have been in business they have a large installed base of customers. They have exceptionally trained staff and invest in continuous training on an ongoing basis. The grooming staff has more years’ experience then most PetSmart groomers combined. Their location is near major retirement communities and more affluent communities.
 
 

Market Outlook/Competition

The simple fact is there are more dogs and cats then there are groomers, so this location is constantly booked full. One way to grow the company is to expand additional marketing and social media and to increase staff and opening 6 or 7 days per week.
  
 

Support & Training

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training may be provided at agreed upon price and terms between the new Buyer and Seller.
 
 
 

Reason for Selling

Seller is selling to pursue other interests.
 
 

Detailed information

  • Year Established: 1985
  • Home-Based: No
  • Franchise: No
  • Relocatable: No
  • Required Licenses: 
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Real Estate Available: N/A
  • Real Estate Value: N/A
  • Part-time Employees: 8
  • Full-time Employees: 4
  • Building Size: 2379sq ft 
  • Monthly Rent: $5,430
  • Facilities Description: Current space was newly remodeled.

  

Broker: ProEquity Asset Management Corporation License ID: 01870526



Listed By: Adriana Sargent

Background information

Reference:

SC2123

Year established:

1985

Reason selling:

Seller is selling to pursue other interests.

Operations

Employees:

Part-time Employees: 8 Full-time Employees: 4

Equipment:

FFE(Included): $50,000

Inventory:

Inventory(Included): $15,000

Premises

Facility:

Facilities Description: Current space was newly remodeled.

Square footage:

2379sq ft 

Rent and lease terms:

Monthly Rent: $5,430

Location:

 Northern California

Opportunities

Market:

The simple fact is there are more dogs and cats then there are groomers, so this location is constantly booked full. One way to grow the company is to expand additional marketing and social media and to increase staff and opening 6 or 7 days per week.

Price and terms

Price:

$689,000

Down payment:

$689,000

Financing:

Seller financing is not available at this time.

Training:

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training may be provided at agreed upon price and terms between the new Buyer and Seller.