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- RE: Upstate Dog Grooming Salon
- Contact: Jon Swift
Quick Facts
| Asking Price: | $250,000 | |
| Annual Revenue: | $405,494 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $152,862 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $11,450 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 4 | |
| BBN Listing #: | 952223 | |
| Broker Reference #: | 1210-18503 |
Business Overview:
Great Opportunity for an owner operator or investor. Due to an unforeseen family crisis the seller is authorizing a huge price reduction. In addition, to a qualified buyer with an excellent credit profile they will seller finance at an attractive rate. The company has excellent CPA prepared internal financial statements and tax returns. The business has a team of experienced groomers operating in a growing and very affluent market. A new owner could consider adding other services and products. With the current price reduction the business is selling at 1.64X SDE. Â
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Property Features and Assets:
The business operates in a high-traffic rented facility. The owner renovated and equipped the interior salon to create a very efficient and professional appearance. The location is also very convenient to other shopping and services, which allows pet owners to drop off their pets and run errands while the shop staff does their magic. Basically, a new owner just needs the keys to take over and run the business and be their own boss.
Assets = $12,450
Market Competition and Expansion:
There are other grooming businesses in the surrounding market, but this location has a superior central location and easy access to a large customer base and other amenities the clients can use.
While the business continues to grow, adding staff and additional bays, the business could continue to increase sales.  At some point, a larger facility or satellite shop strategically placed could offer excellent growth potential.  Many grooming businesses have expanded into doggy daycare and other related boarding services. A new owner could explore these expansion opportunities, building off the great reputation and customer base of the business.
Reason for Selling:
The current founding owner is relocating. Kindly ask the seller for more information.
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
Relevant Links:
- View more South Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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