39 Year Established Dog Grooming Store

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$149,000 $277,619

Retail: Pet Stores & Services

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RE: 39 Year Established Dog Grooming Store Broker: Moon Kim

Quick Facts

Asking Price: $149,000
Annual Revenue: $277,619
Net Profit: Not Disclosed
Cash Flow: $83,132
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 3
BBN Listing #: 166319188
Broker Reference #: 000619

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Business Overview:

Prime location pet grooming salon operating for 39 years in North Dallas is available for acquisition. This business was originally established nearly four decades in 1979 and was acquired by the current owner of the business in 2000. Most of the customers are loyal customers built throughout the years of operation since inception that live in the surrounding densely populated residential neighborhoods. Net sales average was $25,000/year that has been consistent throughout the last several years as the business has many repeat customers that come on a monthly or bi-monthly basis without any proactive marketing. Although no marketing has been done except through word of mouth, other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers from untapped areas within the city. Competition can be expected for this type of business, but the numerous competitors within the area hasn't established themselves in the area for several decades like this business and doesn't have a solid foundation for loyal customers. There are many ways to proactively market this business such as direct mailing, limo service, membership programs, pet supplies, door hangers, website, management and additional services. Expansion of the current services while providing additional pet supplies will help this business reach out to other individuals living in the area which should grow sales. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 1,500 Square Feet retail commercial building that is optimally placed and efficiently laid out to attract many individuals in the local area as well as pedestrians. / Inventory: $1,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: / Growth and Expansion: There is no marketing in place currently to actively grow the business.

Reason for Selling:

Burned out after 15 years being in the same business.

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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