Business For Sale Listing 153020
Pet Grooming School
Status as of Nov-30-2008 at 05:59 PM: Active
Business Summary
*Update 11/2008* According to the seller, the last 3 months have recorded continued increase in profitability. The increase is boarding and professional cuts. Additionally, the school has 20 new students every month from India starting Jan. 1.
The tuition rate went up Nov. 1 from $3,000 to $4,200. The school is now certified with the state for transition grants for people who are let go from long term work and wish to learn a new trade, with 2 new students starting this month in that program.
As of 9/08, seller moved into larger space in same center to accommodate growth and new services offered which consist of: Training, Doggie Daycare which includes private suites, Professional Grooming, Pet Photography and Training Courses. All of these new services have already started to increase revenue.
Exclusive Pet Grooming School licensed as a vocational institution. Students come from as far away as Alaska and New Mexico to learn the skills needed to become a successful pet groomer. This school is recognized and listed with the DETR (Dev. of Employment Training & Rehab) who refers a good portion of the students. DETR pays 1/2 of the students' tuition which accounts for $16,000 in Accounts Receivable.
Classroom, grooming and boarding facility is located in a space that has been remodeled to cater specifically to this business, with enough room for 8-12 students. According to the seller, business has seen more than 200% growth in the past year by changing marketing direction. You could follow the lead of this current owner, and continue to reap the rewards of an ever growing industry. Special Licensing required includes Post Secondary Education and Animal Handler Permit. Photographs available to Registered potential buyers.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($160,000) |
| Profits: |
Under $100 Thousand ($48,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($300,000) |
