14-Year Pet Grooming Business | 4.8/5 Rating | Loyal Clients | Prime Location | Limited Competition | Minneapolis, MN | Independent Ownership

Asking Price:
$90,000
Sales:
$95,052
Profit:
$41,473
Year Established:
2010
Multiplier:
2.2x

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SellerForce® presents a brick-and-mortar, non-franchise Pet Grooming Brand that has served pets and their owners for 14 years.

They are an established facility that provides clients with a variety of useful services, such as baths, brushing, nail trims, ear cleaning, tooth brushing, and fur cutting and styling. Along with these pet spa services, the company also sells an assortment of pet clothing and grooming products, letting clients take the spa experience home with them.

The company is open from 10 am to 5 pm, with current ownership working 4 to 5 days per week depending on their workload. They tend to ruff-ly 6 to 8 dogs per day, with this number adding up to 30 to 35 per week.

The consistent quality of their pet treatment has given them a loyal client base and a 4.8-star average rating on Google Reviews. They have also been recognized as the Best of the Best Dog Groomer in the North Metro Twin Cities area, solidifying their reputation as an excellent pet groomer option. They face little competition from other brands in their industry, making it easier for them to thrive.

While they have built a seasoned presence for themselves in the years since their launch, a buyer can significantly scale the brand with the right tactics. As much of their growth has been from word-of-mouth referrals, they could develop operations by investing in increased marketing activities.

They could generate stronger profits, both from the 450 clients in their database and any new ones, by raising the prices of their products and services. The brand’s services are currently priced at  the lower end of the market, giving them a low-hanging fruit with which they could increase their revenue.

Finally, a buyer could expand into additional locations. The company’s current base of operations is strategically positioned on a busy street near a veterinarian’s office, and by choosing similarly promising locations, they can target and serve more clients than ever. With a stronger presence and additional marketing efforts, they could quickly spread brand awareness among their target audience.

This acquisition’s excellent service speaks for itself, having won over many dedicated clients over the nearly 15 years since their launch. They have a strong presence in their area, and wit the right strategies, they could expand throughout the city and state to have a far wider reach.

If you’re interested in learning more about this veteran of the pet grooming market, please contact SellerForce for more details from our brokers.

 

Listing ID: SF406

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