Listing Status: Sold
Asking Price: $305,000
Total Sales: $679,018
Cash Flow: $157,265
Real Estate Asking Price: N/A
FFE: $20,000
Inventory: $8,000
FFE Included in Sale: Yes
Inventory Included in Sale: No
Real Estate included in Sale: No
Year Established: 2009
Business Summary:
Fantastic opportunity to take over an established and reputable business in the booming and sought after pet care industry. The business has been established for 15 years and is well-known in the Northern Virginia market. The primary services offered are: dog washing, grooming, self-service washing and additional treatments like nail trimming, ear cleaning, and tooth brushing. The business also has a retail segment with an array of ancillary pet care services along with popular treats, toys, leashes, and pet supplies making this business a one stop shop for pet owners.
The staff is well-trained, customer-focused, polite and professional with the animals in their care and their owners. The team takes the time to get to know each dog and owner by name and enjoys a substantial amount of repeat business with this customer-centric environment. There is a very loyal and stable customer base with many long standing clients. The business has a great reputation with most of their business coming from word of mouth, referrals from existing customers, and both their online and physical retail presence. There are also relationships with local veterinary practices that allows for customer referrals as well.
There is increasing demand for professional groomers as the pet population grows. The groomers at this business have a range of 8-20 years of experience so they standout in the market. The current lease runs through May 2029, so a future owner doesn’t have to worry about negotiating a new, long-term lease right away. The business has been pre-qualified by several local lenders that are part of the SBA backed lending program with as little as a 10% down payment. Don’t let this opportunity pass you by and contact us today to learn more.
Description of Facilities: The business is located in an 1,800 square foot space in an established shopping center. There are residential areas surrounding the center along with numerous restaurants and other small businesses. The space itself is cheerful and welcoming with a waiting and reception area. There is a retail area featuring leashes, collars, toys, treats, dental products, grooming products and gift items. There are 6 fiberglass step-up tubs, 5 electric grooming tables, 4 kennel banks + 3 doggie suites, and 3 grooming areas. There is a laundry/product storage area with plenty of cabinets along with a bathroom.
Competition: There is standard competition for the industry and market.
Growth & Expansion: There is room to grow and expand the business in a number of different ways, but adding an additional groomer would be a straightforward way to increase business. A new owner might want to add walk-in self service washing/bathing as this part of the business is currently by appointment only. The business is open six days a week (closed Mondays) so a new owner could opt to be open seven days a week as well.
Seller Financing Available: No
Reason for sale: Owner is retiring.
Training & Support: Seller will provide necessary training and support.