Asking Price:

$245,000

Gross Income:

$205,000

Cash Flow:

$47,200

EBITDA:

$60,800

FF&E:

$34,625.00 *

Inventory:

$2,700.00 *

Real Estate:

n/a **

Year Established:

2006

Employees:

5

Business Types:

Pet Care & Grooming
Pet Shops & Supplies

** not included in the asking price

* included in the asking price

Business Description

Upscale, well-established, turnkey operation. Perfect for groomer manager or savy business person. Open concept is high-end, appealing to income/market demographics, located in highly desirable eastside area. 900+ growing repeat-customer base. Current trend in revenue growth with expansion opportunity in additional high-yield district.

Detailed Information

Facilities:

Resident in the value proposition is cleanliness and convenience. Facility is inviting, clean, aromatically treated, staffed with on-site Subject Matter Expertise. The site design enables canine bathing efficiency. Extremely good location. Shop well-maintained - has experienced almost every possible system breakdown and replacement in the last 3 yrs, i.e., new washer/dryer, all dog dryers brand-new, interior walls painted, new Win8 computer system, new bathing system, newly painted tubs, etc.

Competition:

Open concept has strong appeal - no behind closed-door, crated, assembly line put through. Warm, friendly shop has created excellent area reputation from word-of-mouth, set apart from competitors, and has resulted in protected steady-state market penetration. Huge growth opportunity with new urban, dog friendly housing going up all around.

Growth/Expansion:

Have been contacted with proposition for expansion opportunity into growing, high-tech urban community.

Support/Training:

Owners to provide full business turn-over support - terms negotiable. Strong desire to see business remain successful and thrive.

Reason Selling:

Owner seeking to retire.