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Threenine Year Established Dog Grooming S..
Location: United States -> Texas -> North Dallas, Collin County
Industry: Business Services > Pet Care




Business Summary

Prime location pet grooming salon operating for 39 years in North Dallas is available for acquisition. This business was originally established nearly four decades in 1979 and was acquired by the current owner of the business in 2000. Most of the customers are loyal customers built throughout the years of operation since inception that live in the surrounding densely populated residential neighborhoods. Net sales average was $25,000/year that has been consistent throughout the last several years as the business has many repeat customers that come on a monthly or bi-monthly basis without any proactive marketing. Although no marketing has been done except through word of mouth, other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers from untapped areas within the city. Competition can be expected for this type of business, but the numerous competitors within the area hasn't established themselves in the area for several decades like this business and doesn't have a solid foundation for loyal customers. There are many ways to proactively market this business such as direct mailing, limo service, membership programs, pet supplies, door hangers, website, management and additional services. Expansion of the current services while providing additional pet supplies will help this business reach out to other individuals living in the area which should grow sales. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.
For more info, please call Moon Kim at 1-866-519-2421.

Asking: $149,000
Furniture, Fixtures & Equipment: $15,000 (Included in listed price)
Inventory: $1,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
Facilities: This business is located in a 1,500 SF retail commercial building that...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $277,619
Cash Flow:   $83,132
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1979
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Reason For Selling:  Burned out after 15 years being in the same business. Looking into other industry.




Print Listing Id: 700336009
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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