Business Overview

This profitable, well-established Pet Grooming Boarding and Day Care business serving Southwest Riverside County provides full-service grooming for dogs, cats, birds, and other small animals and 24/7 pet boarding and dog daycare. It is a much sought-after destination for pet owners. It is in a great location! Perfect for expansion or a first-time owner.

Financial

  • Asking Price: $140,000
  • Cash Flow: $66,450
  • Gross Revenue: $206,160
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,000
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

1,000 sq. ft. leased shopping center location

Is Support & Training Included:

Seller will negotiate a transition period

Purpose For Selling:

Health Concerns

Opportunities and Growth:

Huge Potential for growth

Additional Info

The company was established in 2013, making the business 9 years old.

The company has 2 Groomers employees and is located in a building with estimated square footage of 1,000 sq ft.
The building is leased by the business for $2,100 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell companies. Nonetheless, the genuine reason vs the one they tell you might be 2 entirely different things. For instance, they may say "I have too many other commitments" or "I am retiring". For lots of sellers, these factors are valid. But also, for some, these may just be excuses to attempt to conceal the reality of changing demographics, increased competitors, recent reduction in revenues, or an array of various other factors. This is why it is extremely crucial that you not depend absolutely on a seller's word, yet instead, utilize the seller's solution along with your total due diligence. This will repaint a much more practical image of the business's present situation.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses finance loans in order to cover things like supplies, payroll, accounts payable, and so on. Remember that occasionally this can indicate that earnings margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that have to be met or may cause charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the area attract new consumers? Often times, companies have repeat clients, which create the core of their day-to-day profits. Certain aspects such as brand-new competition growing up around the area, roadway building and construction, as well as employee turnover can impact repeat consumers as well as negatively influence future incomes. One crucial point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business often, the better the chance to construct a returning consumer base. A final idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? Just how might the neighborhood mean house income effect future income potential?