Profitable Growing Dog Groom Shop - Semi-Absentee

San Mateo, CA (San Mateo County)

Profitable Growing Dog Groom Shop - Semi-Absentee
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Asking Price: $119,900

Cash Flow: $114,000

Gross Revenue: $400,000



Inventory: N/A

Established: 2013

Profitable Growing Dog Groom Shop - Semi-Absentee

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Business Description

This is a profitable, highly-respected dog grooming and daycare service in business for six years, with loyal customers and a great reputation. They offer full-service dog grooming, 'self-service' wash facilities, daycare, teeth cleaning, and transportation. It is located in a custom-configured purpose-built shop in a convenient and accessible retail strip mall, in San Mateo County, in the affluent Silicon Valley of California, not far from San Francisco International Airport.

No prior grooming experience necessary - semi-absentee ownership. The owner does NO grooming, is at the shop only part of the day, and takes two-week-long vacations and long weekends with no effect on sales.

An owner who also does some of the grooming could make a lot more -- in fees and in tips.

The business generates seller's discretionary earnings ('SDE') approaching $100,000 per year for the owner-operator, with potential for much more by expanding hours of operation, adding to staff, and increasing marketing. There is also potential to add overnight care.

Sales exceed $400,000 per year.

There are three years left on a lease with a very favorable rate.

The Transaction: The business is offered for a total price of $119,900 (approximately 1x SDE). Price is subject to negotiation depending on speed of transaction and terms of sale.
This is for the entire business: tangible assets--equipment, fixtures, etc.; and intangible assets--website, trademark, logo, trade name, telephone number, methods of operation, vendor/supplier resources, customer lists, etc., and goodwill. It does not include cash, accounts payable, accounts receivable, or rent security deposit. Retail 'for-sale' inventory at the time of transfer (currently, approx. $4,000) is extra at actual cost. Some seller financing (up to $20,000) may be available depending on buyer credit and terms.

Note: All data for this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made no independent verification of the data contained herein. The Broker represents the Seller and does not represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.

Detailed Information

San Mateo, CA
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(from currently available funds)
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Tim Cunha, J.D.

Business Listed By:
Tim Cunha

an EvergreenGold Business Broker

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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