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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High Volume Pet Grooming & Boarding
(Animal Related)
Collin, Texas
Listed Price: $ 293,500
Listing ID: 000999

Listing DetailsDown Payment: $ 58,700
Gross Revenue: $ 561,357
Cash Flow: $ 140,720
FFE: $ 10,000 (Included in Price)
Inventory: $ 1,000 (Included in Price)
Reason for Sale:

Other opportunities/Retirement


Training & Support:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

High volume pet grooming & boarding shop placed in a prime location is now available for acquisition. This business was originally established in 2016 by the current owner and has relocated to the current location in 2019 as space at the previous location was outgrown. Various services are provided at this business that can range from grooming, boarding service, teeth cleaning, other retail items, etc. Most of the customers are upper-class individuals and consist of a well mix of all ethnic groups that are from the surrounding densely populated residential neighborhoods as well as loyal customers from other adjacent cities. Few competitors are within the immediate market area, but this business has built up its own solid customer base that has been accumulated since its inception by providing personalized customer service and unique service which has differentiated itself from the competition. Gross sales average was around $550K per year that has been consistent over the last 3-4 years due to its exceptional service and solid customer base this business has built since its inception without proactive marketing in place. Currently, there is minimal marketing is in place through social media outlets and a word of mouth, but proactive marketing is absolutely required for this business to grow the sales and maximize profit such as direct mailing, flyer, overnight pet hotel and, etc. This pet grooming store has great potential as it just started the boarding service with a large facility which can be expected to make additional revenue. This is a great opportunity to acquire a well-established high volume pet grooming & boarding shop for a potential buyer who is willing to be more hands-on in the day to day operation and marketing to reach out to untapped areas of the city.


Competition:

Competition is expected in this industry, but the pet grooming store has accumulated a solid repeat customer base for the past 4 years of operation due to its strong personalized service.


Potential Growth:

Some marketing has been done on social media and word of mouth, but other proactive marketing tactics need to be utilized to generate more cash flow and acquire new customers.


Financing/Terms:

100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 2997
Facilities:

This business is located in a 2,997 SF space of a large retail strip center surrounded by many high-end retail businesses and high-income neighborhoods.


OperationYear Established: 2016
Employees: 4FT/1PT
Absentee Owner: No