Dog Grooming Business for Sale

Undisclosed Address, California
Business Opportunity for Sale
Catylist Listing ID: 30384996
Property Subtypes: Professional Services
Building Size (RSF): 1,076 SF
Sale Price: $130,000
Name of Establishment: Paws Pause
Franchise Parent Name: N/A
Year Business Established: 2008
Gross Revenue: $224,000 (Annual)
Cash Flow: $0 (Annual)
Relocatable Business: Yes
Sale Terms: All cash to seller.
Auction License Number: N/A
Last Updated: 6/27/2019

Overview / Comments

Ten year old business located in a busy shopping center on Varner Road just south of Del Webb's Sun City Palm Desert residential development. Seller has a lease that expires August 31, 2023. Co-tenants in the pad building where the business is located include Popeye's Louisiana Chicken, Winchell's Donuts, Castaneda's Mexican Grill, Angel View, and a barber shop. Other businesses in the center include ARCO AM/PM, Chevron, Coco's, McDonalds, Burger King, and Starbucks, among others. Established customer base, limited competition. Lots of upside sales and profit potential.

Additional Details

Industry Segment: Other Professional Services
Reason for Selling: Owner wanting to spend more time with her children.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Triple net lease with current rental rate of $2.36/SF/MO + NNN expenses. Annual rent increases of 2% each year on September 1. Lease expires August 31, 2023.
Employee/Labor Description: Currently one groomer working with owner. In the past, the owner has had as many as four groomers working for her.
Mgmt/Training Support Description: Seller will continue as an employee/contractor for up to one year after the sale of the business, if the buyer needs her to do that.
Competition/Market Description: Very limited competition within two miles of the business. Trade area includes Del Webb Sun City Palm Desert and Shadow Hills developments plus numerous apartments and country club residential developments on the south side of I-10.
Growth/Expansion Opportunities: Currently room for up to four groomers plus bathers. Room to expand grooming area to add two more groomers.
Seller Financing Description: N/A

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Demographic Statistics

Proximity: 5 miles
Total Population: 453
Median Age: 46.5
Households: 187

Sponsoring Organization

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