Mobile Dog Grooming. Branded 1988. WLA. MB Vans

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Under Contract

Background

BizEx ID:BizEx1306-EM
General Location:Los Angeles, CA
Category: Services
Pet Care & Grooming
Years in Business:32
Under Present Owner:32
Hours of Operation:7:30 am - 5:00 pm, Mon - Sat
Owner Hours:varies
Training:4 weeks @ 30 hours
Organization Type:C-Corp
Lease Expiration:Own
Lease Options:Yes
Building Size:800
Employees:12
Reason for Sale:Retirement

Financials

Asking Price:$1,095,000
Down Payment:Negotiable
Gross Sales:$900,000
Discretionary Cash Flow:$375,000
FF&E:$300,000
Inventory Included?Yes
Inventory:$1,000
Min. Operating Capital:
Real Estate Available?No
Rent:$6,000
Payroll:$35,000
Financing:SBA

Description

Mobile Dog Grooming - Very Well Know, Branded and Established Since 1988

  • Large Base of High Income Clients
  • Customized Fleet of Clean, Well-maintained Logo-ed Vans, Including Mercedes Benz
  • Loyal, Well Trained Staff, most have been with the company many years
  • Easily expandable to other areas
  • Steady Revenue
  • High Profit Margin - current fiscal year is 46%  

Easy to Operate and a Fun Business Venture; Animal Lovers - make $300,000+ per year   

This company is a trailblazer in the industry; well known and very respected. They have developed a large customer base mostly from work of mouth and their easily identifiable vans. Most are repeat clients who have regularly scheduled home visits. Their focus on excellent care and service with the animals and premium customer relations with their clients have solidified this company as a top leader in this profitable, niche industry.

Growth Opportunities: The company currently services the Westside and South Bay areas of LA and does no marketing. Revenue growth could come from expanding the area and implementing an advertising plan.

Property: The seller's own the property and may be willing to sell it with the business.

For more information complete the Registration at https://www.bizex.net/buy-business/register.

Eric Mellem, Business Broker at (310) 293-6414, emellem@bizex.net


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Steve Lukes
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 164
Direct: 310-882-2200 X164
Lic#: 02092334

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations