Dog Grooming and Related Retail
Listing ID: DOGS3
Entity Classification(M): Limited Liability Corporation
Annual Sales: $115,800
Seller Discretionary Earnings: $40,304
Included Inventory: $3,880
Target Working Capital: $4,000
Year Established: 2019
Days & Hours of Operation: M-Sat 8:30-4
Reason For Sale: Other Interests
Reason for Sale Comments: Attending flight school to become a commercial pilot.
Limited Seller Financing: Seller will participate in a reasonable amount of seller financing if required.
Listing Status: Active
Description:This exclusive dog grooming business is the only game in town. Located in a quaint North Carolina community, it is “the place” to take your dog for all manner of grooming services. Offering a spa-like experience for dogs, pets leave feeling refreshed and relaxed. According to Forbes magazine 78% of pet owners acquired pets during the pandemic and the majority of pet owners have increased spending on their pets to compensate for being away from home more (after the pandemic). https://www.forbes.com/advisor/pet-insurance/survey-78-pet-owners-acquired-pets-during-pandemic
Competition:This business has two competitors relatively close by that they have had clients transition from.
Growth & Expansion Opportunities:Expansion opportunities include adding groomers and reducing retail. Self service bay would also be an opportunity for growth.
Location: Central NC
Facilities Type: Commercial Center
Monthly Rent: $2,000
Building Square Feet: 1,800
Facilities Description:This business operates from a leased retail location on a main thoroughfare and has ample room for services and retail.
Full-time Employees: 3
Part-Time Employees: 3
Support & Training
Support & Training:Seller will provide adequate transition assistance included in the purchase price.