Pet Grooming Company

Riverside, CA (Riverside County) (Relocatable)

Pet Grooming Company

Asking Price:$45,773

Cash Flow:N/A

Gross Revenue:$110,000

EBITDA:N/A

FF&E:$6,000

Inventory:$5,000*

Lease Rate:$1 /SF/Month

Established:1997

*not included in asking price.

Pet Grooming Company

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Business Description

The pet industry in the United States and many other countries is booming. Americans, for example, own more pets than ever before. Growth in the sector is derived both from increasing pet ownership as well as from increased spending per pet. Pet pampering is becoming the norm, as pet owner spending has moved far beyond simple food and grooming expenses to include innovative and specialized premium products. The bottom line: people increasingly view their pets as part of the family and are willing to spend even during difficult economic times.

A Golden Age for Pets and Pet Businesses: An overall rise in the number of pets in the U.S. and increased spending per pet are the main factors that will contribute to the pet industry’s growth in the years ahead. Even with the overall economic recovery taking longer than expected, annual revenue growth in pet products and services is anticipated to clock in at some 4.4% through 2016 (one of the few industries that can say this). As the recovery takes hold, household disposable income will rise even faster, and spending on pets will pick up even more.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Call for details.
Competition:
Even with the overall economic recovery taking longer than expected, annual revenue growth in pet products and services is anticipated to clock in at some 4.4% through 2016-2017.
Growth & Expansion:
Growth in the pet industry is projected to be 4 percent annually through 2018.
Support & Training:
Owner will give 30 Day Training Period
Reason for Selling:
Retiring

Listing Statistics for Premium Members

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Curtis Cochran PH.D., D.M., M.Sc.,  MBA, PBC

Business Listed By:
Curtis Cochran

Cochran Consulting

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