Mobile Dog Grooming. Established 1988. LA

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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, Owner owned Property available
Building Size:800
Employees:13
Reason for Sale:Retirement

Financials

Asking Price:$945,000
Down Payment:Negotiable
Gross Sales:$900,000
Discretionary Cash Flow:$265,000
FF&E:$360,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:
Real Estate Available?Yes
Rent:$6,000
Payroll:$35,000
Financing:SBA

2019 2018 2017
Gross Sales $ 900,000 $ 840,000 $ 780,000
Gross Profit $ $ $
Disc. Earnings $ 265,000 $ 225,000 $ 180,000




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) 871-2909
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