Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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45 Yr. Established Professional Grooming
(Animal Related)
Dallas, Texas
Listed Price: $ 79,000
Listing ID: 000774

Listing DetailsDown Payment: $ 40,000
Gross Revenue: $ 149,838
Cash Flow: $ 16,155
FFE: $ 15,000 (Included in Price)
Inventory: $ 300 (Included in Price)
Reason for Sale:

Other Opportunities.


Training & Support:

Owner will provide necessary training to smooth the transition into the business operation. Owner can also stay in the business as part time groomer.


Listing SummaryBusiness 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 in 1972 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. New development of high-end houses is only a street away from this business that will increase the amount of population in the area which in turn will increase pet owners in the city. Sales average $164,000/year 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.


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.


Potential Growth:

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/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1500
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.


OperationYear Established: 1972
Employees: 2FT/1PT
Absentee Owner: No