Fairbanks North Star County, AK
$130,000
Fairbanks North Star County, AK
$130,000
REAL ESTATE INCLUDED
Denton County, TX
$1,500,000
Philadelphia County, PA
$195,000
Broward County, FL
$99,000
Austin, TX
$275,000
Peel Region, ON
$220,000
New Jersey
$525,000
Dallas County, TX
$200,000
York County, SC
$99,900
Union County, NC
$65,000
Oakland Park, FL
$65,000
Jefferson County, AL
$450,000
Falls City, NE
$90,000
Providence County, RI
$850,000
Prescott, AZ
$600,000
Burbank, CA
$415,000
Mark Bodnar
TransWorld Business Advisors of Lake Norman
Serving Mecklenburg County, NC
For over thirty-five years, Transworld has specialized in the sale of businesses and commercial real estate. Today Transworld Business Advisors is a global network of brokers offering a turnkey solution for those that want to build a solid business and future for themselves while maintaining a balanced quality of life. Transworld Business Advisors is the world leader in the marketing and sales of businesses, franchises and commercial real estate. Whether you represent an acquisition-minded corporation, or are personally interested in owning your own company, Transworld offers the professional services that successfully bring buyers and sellers together.
REAL ESTATE INCLUDED
Spring Grove, IL
$1,955,000
Las Vegas, NV
$209,000
Maricopa County, AZ
$395,000
Kent County, DE
$279,000
Randall County, TX
$100,000
Barstow, CA
$399,999
REAL ESTATE INCLUDED
Ocean County, NJ
$898,000
Orange County, FL
$330,000
Clark County, NV
$135,000
Cherokee County, SC
$100,000
Dallas County, TX
$175,000
Nassau County, NY
Not Disclosed
Cash Flow: $150,000
Berks County, PA
$135,000
Raleigh, NC
$975,000
Coppell, TX
$739,900
San Diego County, CA
$79,000
Texas
$150,000
Texas
$150,000
King County, WA
$300,000
Orlando, FL
$350,000
Franklin, TN
$3,100,000
Ely, NV
$195,000
Pet grooming businesses are service providers dedicated to maintaining the health, hygiene, and appearance of pets, primarily cats and dogs. These businesses cater to pet owners who prioritize the well-being of their animals, offering services such as bathing, hair trimming, nail clipping, ear cleaning, and flea treatments. Many pet grooming businesses also provide add-on services like deshedding, teeth cleaning, and breed-specific styling, allowing them to cater to a variety of pet breeds and specific customer preferences.
If you are looking to buy or sell a pet grooming business, it helps to have some context on the market, and to understand how they are valued. Below, we have aggregated financial data from current and recent listings to provide benchmarks on valuation and financial performance of pet grooming companies listed for sale. All data is based on broker and business owner provided financial information.
Market Overview
Number of Businesses Analyzed |
171 |
Median Asking Price |
$187,450 |
Median Reported Revenue |
$286,205 |
Median Reported Earnings |
$101,544 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Pet Grooming Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.46 |
1.53 |
Median |
0.66 |
2.19 |
Upper Quartile |
1.01 |
3.05 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Pet Grooming Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a pet grooming business?
The median asking price for a pet grooming business is approximately $187,450. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do pet grooming business owners earn?
On average, pet grooming business owners report median annual sales of $286,205 and annual owner earnings of $101,544. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a pet grooming business?
Valuing a pet grooming business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Pet grooming business revenue multiples range from 0.46 to 1.01, with the median at 0.66. Earnings multiples range from 1.53 to 3.05, with the median at 2.19. These values suggest a typical pet grooming business will sell for around 0.66 times its annual revenue, and 2.19 times its annual owner’s earnings.
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