Stable Dog Grooming Shop In Affluent Neighborhood

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$250,000 $255,880

Services: Pet Care & Grooming


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RE: Stable Dog Grooming Shop In Affluent Neighborhood Broker: Javier Zorrilla

Quick Facts

Asking Price: $250,000
Annual Revenue: $255,880
Net Profit: Not Disclosed
Cash Flow: $97,986
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 5
BBN Listing #: 78844107
Broker Reference #: 76931-314156

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Business Overview:

Very well located and established Dog grooming business on the heart of Memorial. The business was established in 1994 with current owner being involved for the past 25 years. The business is located next to a veterinarian clinic, which provides new customers to the business without the need for advertising. The facility only offers dog grooming and dog boarding to its customers. Resilient business with little volatility despite COVID-19. Revenues reached $255,880 and an SDE of $97,986 in 2020. The owner has a concession-based (50/50) model with a beauty specialist while she focuses on the dog boarding business on weekends. Currently, the owner is only accepting dog boarding from frequent customers. However, that could present a new opportunity for the new ownership. Similarly, there is an opportunity to open the location on weekends and allow more customers to access the dog grooming business. The business behaved very well in 2020 despite the impact from the pandemic, which shows the quality of service provided by the owner and staff. Owner is seeking retirement.

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Property Features and Assets:

The business was established in 1994 a few blocks from the current location. The existing owner bought the business in 1996 and decided to move the business to the current location 7 years ago. Current owner was able to tripled the revenues and profitability on the business during her tenure and has been able to established an affluent clientele in the memorial area.

Market Competition and Expansion:

Business is open on weekdays only. Ability of opening on weekends will provide an easy avenue of growth.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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