Business Overview

Love dogs? Want to own a rewarding business?
This pet care business may be just what you are looking for!

Strong Revenue History – Gross Sales consistently over $600K (a little shy in 2020)!
2021 Gross Sales over $733K and SDE over $114K

Great growth potential in a booming industry! With the rising awareness of pet grooming and their health, there is a growing demand for grooming services such as bathing, brushing, and nail clipping allowing owners to maintain both the physical health and appearance of their pets.

Well-established, profitable, boutique-style pet grooming and retail store located in Atlanta Metro suburban neighborhood.

Conveniently located in an affluent trade area with pet owners who want their pets well-groomed.

Turnkey operation with loyal pet owners whose pets love their grooming visits. Solid management and crew of groomers in place.

Good Books!
This business has been SBA pre-qualified.

Call today for more information 404-795-8299. www.rambizgroup.com

Disclaimer: For confidentiality purposes, the location has been disguised.

Financial

  • Asking Price: $250,000
  • Cash Flow: $114,000
  • Gross Revenue: $733,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

Owner will provide training for smooth and easy transition.

Purpose For Selling:

Semi-Retirement

Additional Info

The real estate is leased by the company for $3,450 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell operating businesses. Nonetheless, the genuine reason vs the one they say to you might be 2 absolutely different things. As an example, they might say "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might just be reasons to try to hide the reality of altering demographics, increased competitors, recent decrease in profits, or a variety of other factors. This is why it is very vital that you not rely totally on a vendor's word, but rather, use the seller's solution along with your total due diligence. This will repaint a more reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Many operating businesses take out loans in order to cover items such as supplies, payroll, accounts payable, etc. Remember that in some cases this can suggest that earnings margins are too tight. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that need to be fulfilled or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area bring in new consumers? Many times, operating businesses have repeat customers, which create the core of their daily profits. Particular variables such as brand-new competitors growing up around the location, roadway building and construction, as well as personnel turnover can impact repeat clients and also adversely influence future profits. One essential point to think about is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Obviously, the more people that see the business on a regular basis, the better the possibility to develop a returning customer base. A final idea is the basic location demographics. Is the business located in a largely populated city, or is it located on the outside border of town? Just how might the local median family income impact future revenue potential?