MergerPlace

Pet Grooming Store with High Boarding Sa

North Dallas, Texas (Denton)


  • Asking Price: $250,000
  • Gross Income: $444,138
  • Cash Flow: $152,034
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $23,000
  • Listing ID: #224547
  • Established: 2013
  • Employees: 2FT

Business Description

Office ID: #001022

Well-established pet grooming store with boarding and daycare that has huge potential for growth is available for acquisition. The business was first established by the original owner in early 2010s and was later acquired by the current owner nearly half a decade later. After the current owner's acquisition, the current owner expanded the business to accommodate for daycare/overnight boarding service. The facility utilizes a grooming area and a separate area used only for boarding and daycare. Surrounded by numerous national grocery stores and shopping centers, this business attracts customers from the high traffic as well as exclusively providing boarding services to the local area. Most of the customers are a good mix of middle to upper-class ethnic groups ranging from individuals to families that reside within the surrounding densely populated residential neighborhoods and high-density traffic that bring new customers in through visibility. There are few competitors within the immediate market area, but the major competitors are two mom & pop grooming stores and a corporately run pet store that doesn't provide boarding services and personalized pet grooming care. From the quality of the kennels used for boarding or the excellent grooming services provided by highly skilled staff, this business provides an exceedingly better environment to provide the care to the customers at an affordable price point and long-established trust between the business and the customers. Gross sales average was around $440K per year that has been steadily increasing over the last several years along with their exceptional service to their solid customer base that has continued even after the pandemic. Currently, there is minimal marketing in place through social media outlets and a word of mouth, but proactive marketing is absolutely required for this business to grow in total sales and maximize profitability. This is a great opportunity to acquire a well-established pet grooming & boarding shop for a potential buyer who is willing to be more hands-on in the day to day operation and marketing to reach out to untapped areas within the city.


Business Details

Primary Business Category: Services - Other Services
Location: Texas
Metropolitan Area: North Dallas
County: Denton

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2FT

Financial Information

Asking Price: $250,000
Gross Revenue: $444,138
Cash Flow: $152,034
FF&E: $23,000
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

The business is occupied in a total of 3,500 SF space of a retail strip center split into two facilities placed in a prime location surrounded by many retail businesses and residential neighborhoods. All major equipment is in impeccable condition and well maintained over the last several years of operation.

Growth & expansion opportunities:

Currently, some online marketing is in place, but other proactive marketing methods such as direct mailing, flyers, coupon, online booking systems, loyalty program, etc. need to be utilized to generate more revenue.

Competition:

Few competitors are within the immediate market area, but this business was the first established in the local area and has a competitive price point that attracts many locals.

Reason for selling:

Other Opportunities

Support & Training:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.

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Business Listed By:

V-AID Group

www.v-aidgroup.com