Seller's Contact Information
- RE: Resilient Dog Grooming Business
- Contact: Javier Zorrilla
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $262,973 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $108,519 | |
Total Debt: | Not Disclosed | |
FF&E: | 25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 5 | |
BBN Listing #: | 78844107 | |
Broker Reference #: | 76931-314156 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON LISTING REF #76931-314156
Very well located and established dog grooming business in the heart of Memorial. The business was established in 1994 with current owner being involved for the past 25 years. Resilient business with little volatility despite Covid-19. Revenues reached $262,973 and an SDE of $108,519 in 2021. The owner is a groomer and has a concession based (50/50) model with her other groomers. The business also offers dog boarding on weekends but only from frequent customers. However, that could present an opportunity for the new ownership. Similarly, there is an opportunity to open the location on weekends and allow more customers access to dog grooming. The business performed very well in 2020 and 2021 despite the pandemic, which shows the quality of service provided by the owner and staff. Ideally suited for an owner/operator to take over.
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 triple the revenues and profitability on the business during her tenure and has been able to establish an affluent clientele in the Memorial Area.
Business is open on weekdays only. Ability to open on weekends will provide an easy avenue for growth
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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