NOT DISCLOSED, Maryland
| Asking Price |
$399,000 |
Year Established |
|
|
| Annual Revenue |
$600,000 |
Reason for Selling |
owner has other pursuits |
|
| Annual P/L |
$0 |
Attention |
Michael McNamara |
|
| Annual Cash Flow |
$0 |
Listing Number |
1014640 |
|
| # of Employees |
5 |
Business Category |
Services: Pet Care & Grooming |
|
Business Overview:
First founded in 2007 in Florida, this franchise has been growing like wildfire with now over 450 stores in 34 states. The dog grooming and accessories industry has been growing at above average rates of7.25% steadily, the Quarry Lake location in Pikesville opened in May 2025 and is growing much faster than that. The only reason this new franchise is being offered for sale, is due to the owners wishing to separate from each other personally. Owners purchased for the purpose of passively owned investment, as both owners have regular employment elsewhere. Both owners have been to corporate training, but only one owner is active with decision making and managing the full-time manager .Most recent monthly revenue is $43k, and prior months were $42k, $35k, $32k, $36k. Business has capacity to grow another 50% in the current location. Approximately 25% of revenue comes from product with 50% margins and the other 75% is grooming services. Currently there are 4 ft groomers and payroll is about $10k per month plus tips. Rent $4,650 with long term lease in place and options for renewals. After 7% royalty and 2% marketing fee and all other expenses the owners expect $10kincome per month to be normal. All the start-up fees for this franchise were $393k including the permits, licenses, build-out of the location, furniture, fixtures, and equipment, $75k franchise fee ($15k for a transfer), grand opening marketing, HR to hire 5 employees.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity