39 Year Established Dog Grooming Store

Collin County, TX

39 Year Established Dog Grooming Store
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Asking Price: Get Financing: $149,000

Cash Flow: $85,000

Gross Revenue: $300,000

EBITDA: N/A

FF&E: $15,000

Inventory: $1,000*

Lease Rate: N/A /SF

Established: 1979

*not included in asking price.

39 Year Established Dog Grooming Store

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Business Description

Prime location pet grooming salon operating for 39 years in North Dallas is available for acquisition. This business was originally established nearly four decades in 1979 and was acquired by the current owner of the business in 2000. Most of the customers are loyal customers built throughout the years of operation since inception that live in the surrounding densely populated residential neighborhoods. Net sales average was $25,000/year that has been consistent throughout the last several years as the business has many repeat customers that come on a monthly or bi-monthly basis without any proactive marketing. Although no marketing has been done except through word of mouth, other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers from untapped areas within the city. Competition can be expected for this type of business, but the numerous competitors within the area hasn't established themselves in the area for several decades like this business and doesn't have a solid foundation for loyal customers. There are many ways to proactively market this business such as direct mailing, limo service, membership programs, pet supplies, door hangers, website, management and additional services. Expansion of the current services while providing additional pet supplies will help this business reach out to other individuals living in the area which should grow sales. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000619
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
3FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 1,500 SF retail commercial building that is optimally placed and efficiently laid out to attract many individuals in the local area as well as pedestrians.
Competition:
Few competitors are within the immediate market area of this business, but this is the only business that has operated for nearly 4 decades in the area growing a solid foundation of customers and sales.
Growth & Expansion:
There is no marketing in place currently to actively grow the business.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
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. 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. 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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