Resilient Dog Grooming Business In Affluent Neighborhood

TRANSWORLD BUSINESS ADVISORS OF HOUSTON LISTING REF #76931-314156 Very well located and established dog grooming business in the heart of Memorial. The business was established in 1994 with current owner being involved for the past 25 years. The business is located next to a veterinarian clinic, which provides new customers to the business without the need for advertising. Resilient business with little volatility despite Covid-19. Revenues reached $255,880 and an SDE of $98,949 in 2020. The owner has a concession based (50/50) model with groomers while she focuses on the dog boarding business on weekends. Currently, owner is only accepting dog boarding from frequent customers. However, that could present an opportunity for the new ownership. Similarly, there is an opportunity to open the location on weekends and allow more customers to access the dog grooming business. The business performed very well in 2020 and 2021 despite covid, which shows the quality of service provided by the owner and staff. Owner is looking to retire. The business was established in 1994 a few blocks from the current location. The existing owner bought the business in 1996 and decided to move the business to the current location 7 years ago. Current owner was able to tripled the revenues and profitability on the business during her tenure and has been able to established an affluent clientele in the memorial area. Business is open on weekdays only. Ability to open on weekends will provide an easy avenue for growth Location: Harris County, Texas Year Established: 1994 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 2,000 Rent: $3,260.00 Per Month Lease Expiration: 11/1/2022