45 Yr. Established Professional Grooming

Dallas, TX (Dallas County)

45 Yr. Established Professional Grooming
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Asking Price: Get Financing: $74,000

Cash Flow: $39,908

Gross Revenue: $168,374

EBITDA: N/A

FF&E: $15,000

Inventory: $300

Lease Rate: N/A /SF

Established: 1972

45 Yr. Established Professional Grooming

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Business Description

Specialized pet grooming store made for small-medium sized dogs designed for a smell-proof front desk area is available for acquisition. The business was established over 4 decades ago and was later acquired by the current owner of the business in 1995 operating in the same shopping center. Majority of the customers are elderly individuals and their families that has been dedicated customers since the last several decades of operation. Although many of the customers are elderly individuals, this business is surrounded by many schools and a large university that provides a steady amount of young customers. Sales average $164,000/year in 2016 which has been consistent throughout last decade with a slight increase every year. Online marketing is currently done through their beautifully built website that is regularly updated with search optimization for Google search. The area of this business is best suited for local marketing instead of online marketing since the location has expansive housing, schooling, and apartment complexes. Local marketing around the nearby area through Valpak, door hangers, direct mailing, limo service (pick up & drop off), student discount, and installing a large sign in the front of the business. Exposure of any kind will be extremely beneficial to the business, most suitably doing fundraisers or combined activity with the nearby school districts. The potential of this business is limitless with the proper amount of local marketing and proactive involvement from the owner of the business.

Listing ID #000375
For more info, please call Emilio Marin at 1-866-519-2421.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
2FT/1PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in 1,500 SF retail strip center that's beside a huge university and a high traffic intersection that provides a constant flow of customers. All equipment is in fair condition and in working order.
Competition:
Some competitors are within the immediate market area, but the business has been established in the area for over 4 decades with a loyal customer base that can't be taken away from the competition.
Growth & Expansion:
Proactive marketing is done solely online, but this business has to do extensive local marketing to acquire new customers and expand their demographics. Adding more retail products and hiring more groomers to be able to accommodate more dogs could help the sale grow further.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
Owner will provide necessary training to smooth the transition into the business operation. Owner can also stay in the business as part time groomer.
Reason for Selling:
Other Opportunities.
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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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