This Dog Grooming shop has been operation for 10 years and is one of the largest dog grooming shops in the area. Located in a busy strip center with lots of parking, they offer self-washing, spa bath and grooming for all sizes of dogs. This is a full service dog spa with affordable add ons for customers wanting a flea and tick wash, skunk de-scent, medicated bath for skin issues, hot spots and hot oil treatments. Besides offering full service grooming for all sizes of dogs, the do-it-yourself customers can wash their dogs in large dog-wash tubs available. The business has a list of 4,500 customers for a new owner to take advantage of. Although the owners are passive, the ideal buyer is someone who is familiar with dog grooming or has experience. Cash flow number does not include the potential commissions an owner would make doing grooming.
About the Business
Number of Employees:
1,655 square feet retail space located in a strip center. Lease rate is $10 per sf NNN, and the current term is through April 2017. Lease extension is available. Total rent including NNN is $1,999.80 per month.
This is one of the largest dog grooming shops in town. The closest competition is a small shop 2 miles away.
Growth & Expansion:
Very little advertising is currently done. The business has a customer list of 4,500 customers that have not been used for marketing. A regular contact with these customers should bring them in.
Seller will provide 40 hours of transition assistance on the operational side of business to a new owner. Dog grooming schools are also available.
Ad Detail Views:
Asking Price: $50,000 Gross Revenue: $120,218Cash Flow: $22,664 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $30,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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