Listing ID: 69967
Business Overview
Our Mobile Pet Grooming & Supplies franchise is a wonderful door-to-door service that gives pets undivided attention all in the comfort of a custom-equipped van. Pet owners are spared the stress of driving to an appointment with an anxious pet in the car. For pets, benefits include a grooming session in a quite familiar setting and no other pets around them. For pet owners, flexibility in scheduling appointments at their home makes this a very comfortable service for the pet and their owner in the safest possible environment.
The Pet Industry is one of the fastest-growing industries in America. Approximately 80% of American households own a pet. Millennials are more likely to own pets than to have children, and Baby Boomers love pets like children!
The order-it-to-your-door culture has been growing over the past ten years, and Covid has driven home services and a surge in Pet owners
Highlights:
*Franchisor runs the business for you 100%
*Or choose to owner operate
*Total Investment: approximately $85,000 for a single-vehicle market. Up to $500,000 for the largest markets.
*Item 19 in the FDD shows a Strong Net Income (please see FDD for full disclosure)
*Requirements: Net Worth: $400,000+ Liquid Assets: $85,000
*Newest Generation Mobile Pet Grooming vehicles
*Cage-free vans for customers’ pets Temperature controlled environment for pet and employee
*Customers can book appointments online and use the call center
*Low stress-free environment for pets over Retail groomers
Vehicles help to hire the best Groomers and Strong Tips for Home Service!
*Recession Resistant
*Pandemic Resistant
*Amazon Proof
Contact me for more information or schedule a call on my calendar:
Mstav@thefranchiseconsultingcompany.com or book a call here:
https://calendly.com/mstavrinakis/intro-call
Financial
- Asking Price: $90,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Home Based
This Business Is Home Based
This Business Is An Established Franchise
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell companies. However, the genuine reason vs the one they tell you might be 2 totally different things. As an example, they may say "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might simply be justifications to try to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or an array of other reasons. This is why it is very important that you not rely absolutely on a vendor's word, however rather, use the seller's response in conjunction with your general due diligence. This will paint a much more practical image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Numerous businesses take out loans so as to cover things like inventory, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that earnings margins are too thin. Lots of organisations fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with vendors that need to be fulfilled or might result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new consumers? Many times, companies have repeat clients, which develop the core of their daily revenues. Particular aspects such as brand-new competition sprouting up around the location, road building and construction, and also employee turnover can influence repeat clients and also adversely impact future incomes. One vital thing to think about is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business on a regular basis, the better the opportunity to develop a returning consumer base. A final idea is the basic area demographics. Is the business located in a largely inhabited city, or is it situated on the outskirts of town? How might the local median house earnings influence future income potential?
