Upscale OC Professional Pet Grooming Salon

Orange, CA (Orange County) (Relocatable)

Upscale OC Professional Pet Grooming Salon

Asking Price:$395,000

Cash Flow:$217,000

Gross Revenue:$347,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:2009

Upscale OC Professional Pet Grooming Salon

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Business Description

This seven year old business is an upscale top professional pet grooming salon. It has three fulltime groomers and three bathers and is operated as a cage free environment offering daycare, grooming and boarding. The business is currently in a residential area and a new commercial location will need to be moved to. There is much potential for growth for the daycare as well as the grooming due to the fact that the current facility is limited. All of the equipment will be included in the purchase, including six electric grooming tables, three K9 dryers and one Double K dryer.

The seller is selling for personal reasons but will assist during a transitional period. The staff is available to work with a new owner.

Detailed Information

Employees:
6
Facilities:
The Business competes with other groomers in the area although there are not many that are cage free. The business has been consistently recognized as one of the top grooming salons in Orange County with top Yelp 5 Star Reviews. Even though the business does not advertise, it receives overwhelming customer demand through word of mouth and from top reviews in yelp as well as many other sites. There is competition from other grooming salons, daycare facilities and boarding establishments.
Competition:
This business is positioned as an upscale service, so competition is limited.
Growth & Expansion:
The Pet Grooming and Boarding industry has nearly doubled over the past decade. Demand for pet grooming, boarding, training and walking is at an all-time high, driven by rising pet ownership, improved disposable income and changing consumer preferences regarding pet care. In the five years to 2015, revenue was anticipated to grow at an average annual rate of 6.0%, reflecting a rise in consumer spending toward price- premium pet services. Revenue was expected to continue posting strong gains through 2015, with consumers spending an estimated $6.3 billion on pet grooming and boarding services, a 5.2% increase from the year prior.
Support & Training:
Not every environment is right for every dog or every owner, so the intimate environment this business offers is very attractive to customers. The business strives for quality grooming over quantity and as such only take a limited number of clients each day. They like to work on one dog from start to finish, taking the time to give each pet their full attention throughout the entire groom. Client pets find themselves in a calm, quiet, low-stress environment with lots of care and one-on-one attention.

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Vasilis Georgiou, M&AMI, CBI, CBB, MBA, CIRM

Business Listed By:
Vasilis Georgiou, M&AMI, CBI, CBB, MBA, CIRM

CrossRoads Business Brokers

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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