NOT DISCLOSED, Texas
| Asking Price |
$25,000 |
Year Established |
2024 |
|
| Annual Revenue |
$100,599 |
Reason for Selling |
Other business interests |
|
| Annual P/L |
$0 |
Attention |
Ron Hankamer |
|
| Annual Cash Flow |
$0 |
Listing Number |
993850 |
|
| # of Employees |
7 |
Business Category |
Services: Pet Care & Grooming |
|
Business Overview:
Significantly Reduced Price! This is a turnaround opportunity for a strong buyer.
This brand is on pace for 400+ centers by 2027 and is the largest pet services franchise in the pet industry globally. Also, ranked #1 in its industry by Entrepreneur Franchise 500 for six consecutive years. The location for sale opened in January 2024 and is in a high traffic area with strong demographics and a captive market. This business has multiple revenue streams including a recurring membership model. Per owner's P&L, sales were $100,599 in 2024 with no earnings. The business started slowly but sales are improving. The seller is operating absentee but a more hands-on buyer will expedite this process. Included in the sale are $100,000 in FF&E and $750,000 in Leasehold Improvements. The seller invested over $1M to open this business. There are also 7 employees including 1 manager. The monthly rent is $13,096. The owner will provide 2 weeks of training to ensure a smooth transition. Franchisor training is also required. The current owner spends about 5 hours per week supervising this business due to other business interests. This is a great turnaround opportunity for a hands-on buyer who loves pets.
Property Features and Assets:
<p>Monthly Rent<br>$13.096,00<br>Square Units (Foot, Meter)<br>5,050<br>Lease Expiration Date<br>April 17, 2034, 10:00:00 PM<br>Terms Options<br>Two 5-Yr Options</p><p><br></p>
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