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Resilient Dog Grooming Business In Affluent Neighborhood

Listing Number: 76931-314156

Description

Very well located and established dog grooming business in the heart of Memorial. The business was established in 1994 with current owner being involved for the past 25 years. The business is located next to a veterinarian clinic, which provides new customers to the business without the need for advertising. Resilient business with little volatility despite Covid-19. Revenues reached $255,880 and an SDE of $98,949 in 2020. The owner has a concession based (50/50) model with groomers while she focuses on the dog boarding business on weekends. Currently, owner is only accepting dog boarding from frequent customers. However, that could present an opportunity for the new ownership. Similarly, there is an opportunity to open the location on weekends and allow more customers to access the dog grooming business. The business performed very well in 2020 and 2021 despite covid, which shows the quality of service provided by the owner and staff. Owner is looking to retire.

Listing Details

  • Price: $ 250,000
  • Down Payment: $250,000
  • Sellers Discretionary Earnings: $ 98,949
  • Total Sales: $ 255,880
  • Location: Harris County, Texas

  • Inventory: $ 0
  • FF&E: $ 25,000
  • Employees: 5
  • Year Established: 1994
  • Reason for Selling: retirement
  • Category: Animals/Pets
Resilient Dog Grooming Business In Affluent Neighborhood

Business Listed By:

Carmen Saad Hanna, MBA, CBI, M&AMI
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