45 Yr. Established Professional Grooming

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Asking Price:
$79,000

Gross Revenue:
$149,838
Cash Flow:
$16,155
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$300
included in asking price

FF&E:
$15,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Specialized pet grooming store made for small-medium sized dogs designed for a smell-proof front desk area is available for acquisition. The business was established over 4 decades ago in 1972 and was later acquired by the current owner of the business in 1995 operating in the same shopping center. Majority of the customers are elderly individuals and their families that has been dedicated customers since the last several decades of operation. Although many of the customers are elderly individuals, this business is surrounded by many schools and a large university that provides a steady amount of young customers. New development of high-end houses is only a street away from this business that will increase the amount of population in the area which in turn will increase pet owners in the city. Sales average $164,000/year which has been consistent throughout last decade with a slight increase every year. Online marketing is currently done through their beautifully built website that is regularly updated with search optimization for Google search. The area of this business is best suited for local marketing instead of online marketing since the location has expansive housing, schooling, and apartment complexes. Local marketing around the nearby area through Valpak, door hangers, direct mailing, limo service (pick up & drop off), student discount, and installing a large sign in the front of the business. Exposure of any kind will be extremely beneficial to the business, most suitably doing fundraisers or combined activity with the nearby school districts. The potential of this business is limitless with the proper amount of local marketing and proactive involvement from the owner of the business.

Listing ID #000774
For more info, please call Stephen Lee at 1-866-519-2421.

About the Business

Location:
Dallas, Texas
Year Established:
1972
Number of Employees:
2FT/1PT
Facilities:
This business is located in 1,500 SF retail strip center that's beside a huge university and a high traffic intersection that provides a constant flow of customers. All equipment is in fair condition and in working order.
Market Outlook/
Competition:
Some competitors are within the immediate market area, but the business has been established in the area for over 4 decades with a loyal customer base that can't be taken away from the competition.
Growth & Expansion:
Proactive marketing is done solely online, but this business has to do extensive local marketing to acquire new customers and expand their demographics. Adding more retail products and hiring more groomers to be able to accommodate more dogs could help the sale grow further.
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About the Sale

Reason For Selling:
Other Opportunities.
Training/Support:
Owner will provide necessary training to smooth the transition into the business operation. Owner can also stay in the business as part time groomer.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1601900
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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