35 Year Established Pet Grooming Store #000128

Dallas, TX (Collin County)

35 Year Established Pet Grooming Store #000128

Asking Price:$250,000

Cash Flow:$96,748

Gross Revenue:$342,060

EBITDA:N/A

FF&E:$15,000

Inventory:N/A

Lease Rate:N/A /SF

Established:1979

35 Year Established Pet Grooming Store #000128

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Business Description

35 year established pet grooming store located in N. Dallas is now for acquisition. Current owner has acquired this business 15 years ago in 2010. For the past years, with quality service, it has built loyal, established clientele basis, grooming 800 dogs per month in average. $34-35k is an average monthly gross revenue which is slightly growing every year without any pro-active marketing currently in place. There is un-used space in the store that is for adding pet supplies sale for extra revenues. All groomers and bather have been with the store for long years which enabled the business to provide a consistent and quality pet caring service to customers for such long time. Services include grooming, bathing, and boarding, but grooming accounts for almost 80% of total business. This pet grooming shop is located in the hub of strong, high income residential area with a strong presence of retail businesses. This is a great opportunity to acquire a long established pet grooming store with established clientele located in prime location of N. Dallas.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
4FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Occupied in a 2,000 SF of retail/commercial building. The space is efficiently designed and laid out. There is an empty room that can be converted into Pet retail store.
Competition:
Few competitors do exist within 5 mile radius, but this store is only one with over 35 years of history and strong, established clientele basis.
Growth & Expansion:
Sales have continued its slight growth every year only thru word of mouth. Pro-active marketing will help boost the growth. There is an empty room in the premises that can add pet supplies for some extra sales and profit.
Financing:
100% cash at closing or 30% down thru SBA financing.
Support & Training:
Seller will train new owner to make this transition as smooth as possible.
Reason for Selling:
Burned out after 15 years being in the same business. Looking into other industr

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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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. The TABB Certified Business Broker 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 TABB.

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