Seller's Contact Information
- RE: 30 YEAR ABSENTEE OWNER PET GROOMING BUSINESS -...
- Contact: Brett Sargent
Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $325,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $150,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | 5 | |
BBN Listing #: | 676764284 | |
Broker Reference #: | SACRACA002-50108 |
Business Overview:
This long-established pet grooming company in Northern California is a Limited Liability Company and has been established for over 30 years and under the current ownership for the past 6 months. They perform all kinds of pet grooming services, including Bath & Brush-out, Full Grooming and Teeth Brushing. They are in an affluent area of Northern California and have an excellent reputation in the market. This is an absentee owner business. The pet grooming industry is now valued at $7 billion in annual revenue and has nearly doubled in the past 10 years. An estimated 65% of the US population reportedly owns a pet of some type. There are over 103,996 businesses currently operating as dog groomers in the US with an average growth rate of 8%. Pet ownership in the US has increased from 67% to 70%, which is an all-time high. Overall, the US pet care industry is expected to rise 5.8% before the start of 2022, reaching $109.6 billion.Growth can be obtained by increasing marketing efforts through digital and print media, as well as refreshing the website for a newer updated look. Growth can also be obtained by adding more groomers and expanding hours to 6 days a week instead of currently 5 days a week.Broker: ProEquity Asset Management Corporation License ID: 01870526
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Reason for Selling:
The business is for sale because of a health emergency.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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