Asking Price: $69,000 Gross Revenue: $89,000Cash Flow: $66,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,500 included in asking priceFF&E: $3,500 included in asking priceShare 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.
REDUCED to $69,000. Seller ready to retire and very motivated. 2019 numbers will beat 2018 substantially. Once a decade opportunity for a trained pet groomer to reach their dream of owning their own shop and making a great living. This simple business, 25 years in operation, is growing again and generates a tidy sum for the owner. Satisfied with her work and profit relationship, she continues to turn away large dog and new cat "jobs" to concentrate on her current stable of clients. The road construction "out front" ended in April '19--- Revenue already up for the year. Low overhead, especially the rent with an understanding landlord who will work through this transition and make it easy for old and new owner, make this a no-brainer. Simple and profitable with numerous avenues for growth. All inventory and FFE included in price. Mom and Pop would add bather's expense back in and add another 8 to 10K to bottom line.
About the Business
Number of Employees:
Owner plus 1 PT
Building Sq. Ft.:
$580.00 Per Month
Small, but complete and efficient for bathing and grooming. Ready for additional groomers should new owner want to expand immediately, i.e., 4 grooming tables and plenty of cages in place.
Single groomer owner and part-time pet bather are generating a very nice profitable bottom line. Revenue growing again. Customer service oriented small shop, good value, and excellent grooming experience makes for a dedicated client base.
Growth & Expansion:
Perfect timing with the end of two years of construction "out front" that has kept away some new clients. Already, up $5000 from last year. Owner saw it coming, downsized business, and now time to grow again. Also, new groomer can start taking large dogs and new cats again which Seller has been declining almost every day. On-line presence can be easily improved.
Final Price Reduction - Stable Pet Grooming Salon Growing
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