Great Dog Grooming Salon/Retail - Only $175k

Not Disclosed, NJ
Bergen County

Bergen County

Asking Price: Annual Revenue:
$175,000 $601,949

Retail: Pet Stores & Services

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RE: Great Dog Grooming Salon/Retail - Only $175k Broker: Bob Dunphy

Quick Facts

Asking Price: $175,000
Annual Revenue: $601,949
Net Profit: Not Disclosed
Cash Flow: $88,950
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 10
BBN Listing #: 405235879
Broker Reference #: 6842-414322

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Business Overview:

Great Dog Grooming Salon/Retail - Only 2x SDE - SBA Financing

Love dogs? This is a great opportunity own a business in which you spend every day with adorable pups of every breed and size. It's a boutique pet store and grooming salon located in an upscale North Jersey neighborhood.

This is a national-brand pet franchise – the 8th largest pet retail company in North America and the 7th largest in the U.S. – is the leading specialty retailer of pet food, pet supplies and professional pet grooming, with more than 150 locations open or under development across the country. It offers the very best in pet care by providing quality products and grooming with a service-oriented approach. Each location is a neighborhood store committed to the well-being, health and happiness of pets. This store is the perfect opportunity for a first-time business owner or for an experienced business owner looking to add to their portfolio. And bank financing may be available for qualified buyers.

The owners of this location met the founder of the franchise while working in the corporate world in Florida. Avid dog lovers, they became customers of their Florida neighborhood location. They fell in love with the brand and the idea of owning a store of their own. They had no retail or pet business experience. A job relocation brought them to North Jersey where they decided to make their dream of ownership come true. Four years ago, they identified an appropriate location in an upscale community and began building their business. At first, they had no local contacts and did not know any groomers. They opened the store without grooming, depending solely on the retail side of the business. Over time, they added two groomers and the business took off. Retail also has been growing each year. Four years later, they still do not have a nearby store that competes with them as a boutique, service oriented gourmet pet bakery, supplies and grooming salon. Customers LOVE the shop and drive long distances to purchase specialty items for doggie birthdays, healthy and unique treats and chews, and a selection of toys not available in larger pet stores. They have become extremely popular, growing from small beginnings to revenues of more than $600,000 in their best year, 2020, even though they were shut down for a time due to Covid-19 and could not perform grooming services for more than six weeks.

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Reason for Selling:

other business interests

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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