Dog groomer/trainer/existing shop owner - ready to expand?

San Diego County, CA

Dog groomer/trainer/existing shop owner - ready to expand?
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Asking Price: Get Financing: $77,000

Cash Flow: $50,000

Gross Revenue: $229,510

EBITDA: N/A

FF&E: N/A

Inventory: $10,000

Lease Rate: $4,532.15 /SF/Month

Established: 2015

Dog groomer/trainer/existing shop owner - ready to expand?

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Business Description

This award-winning pet centric business opened its doors in 2015 in response to the need for high-end quality pet services to support San Diego's rapidly growing Little Italy/Downtown North neighborhoods. Business offers pet grooming, training and a selection of premium toys, treats, foods, and essentials for pets. Business was established as an integral part of the target community with loyal repeat customers, great reviews and an on-line presence with eCommerce enabled web-site. The foundation is in place for a new owner operator to take the reins, enhance, and grow this delightful life style business that enjoys little direct competition in the neighborhood.
Shop was completely gutted and renovated leveraging talents of an HGTV designer prior to opening. It is 1037 sqft and open 9am – 7pm M-S and 10am – 6pm Sunday. 1-2 full time groomers have been on staff (M/T/Thurs/Fri/Sat) but there is room and demand for 3 groomers and bather 7 days per week. Grooming is booked out a month ahead and pet customers are being turned away. It’s a cage free professional grooming environment using natural organic products. Current lease rate is $4249 plus 12.7% of CAM and is due to expire June 2020 unless option is exercised. AKC Puppy and Canine Good Citizen classes are taught on Sundays with 4-6 dogs per class and an opportunity for neighborhood dogs to “test out” earning the CGC title. Dogs meet at the shop, but classes are held in the parking lot and throughout the neighborhood - in the real world. Visitors can procure all their essential food, grooming and training supplies, treats, toys and gifts while visiting for a spa day or class.
The business has been full time owner operated and is currently not appropriate for an absentee owner. The shop is trending 2018 SDE estimate about $50k + but groomer, trainer, pet sitter owner can augment income working with own clients. Approximately $10k inventory included.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,037
Lease Expiration:
N/A
Employees:
2
Facilities:
Separate bath and dry room, grooming room, retail
Competition:
There is another groomer in Little Italy
Growth & Expansion:
Add groomers, Pet Sitting, Expand On-line presence
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

(from currently available funds)
 
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Linnea Westlake

Business Listed By:
Linnea Westlake

Transworld Business Advisors

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Sponsoring Broker:
Marshall Pollock

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