Dog Grooming Salon For Sale

Manhattan Beach, CA (Los Angeles County)

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Asking Price: $349,000

Cash Flow: $118,140

Gross Revenue: $386,169

EBITDA: N/A

FF&E: $30,000

Inventory: $5,000

Rent: $5,892 /Month

Established: 2015

Dog Grooming Salon For Sale

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Business Description

Lucrative Top Salon with Low Rent

Profitable and Well Established Pet Grooming Salon with huge potential for growth in central Manhattan Beach. Strong financials overall with extensive gross sales in an excellent location. Services provided include hair cuts, baths, trimmings, and a number of other services for dogs. Remodeled in recent years with new floors, HVAC and lighting. Some of the full time employees worked with previous owner, who established the business back in 1986. All referral business with repeat clients and no advertising. Potential for growth through advertising and additional retail sales.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,620
Lease Expiration:
6/30/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Furniture, Fixtures, and Equipment included in asking price, as well as all inventory. Large shared parking lot in rear, where the main entrance is located. Four year lease with a 5 year renewable option. Pro-rated portion of property taxes included in monthly rent.
Competition:
Located in a prime location off major cross streets with easy access and reserved parking spaces for drop offs and pick ups. Appointments booked up to a year in advance with a 2 to 4 week waiting period.
Growth & Expansion:
Growth potential for additional services of dog walking, daycare, and boarding and the addition of cats to the grooming services.
Support & Training:
Owner and main groomer will stay on to provide support and training for 4 weeks (Additional time can be negotiated). Owner willing to convert to a full time employee if desired.
Reason for Selling:
Moving to Midwest
Franchise:
This business is an established franchise
Business Website:
http://pawsawhilemb.com
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Business Listed By:
David Durner

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