Broward County, FL
$99,000

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
Prescott, AZ
$600,000
Burbank, CA
$415,000
REAL ESTATE INCLUDED
Spring Grove, IL
$1,955,000
Las Vegas, NV
$209,000
Maricopa County, AZ
$395,000
Randall County, TX
$100,000
Sunbelt Vegas
Sunbelt Business Brokers of Las Vegas
Serving Clark County, NV
Selling a Business When selling a business, it is vital that you use a professional that is experienced in selling businesses. Our Sunbelt Of Las Vegas office will do a complete evaluation of your business so that you can be sure that your asking price reasonably reflects your business’ value. Sunbelt will work with you to sell your business confidentially and quickly. Buying a Business The Business Brokers at Sunbelt do all of the time-consuming searching for profitable opportunities for you and protect your interests when buying a business. Our brokers are able to quickly evaluate a Las Vegas business to make sure you are obtaining a business with a fair market price and that there is still growth potential.
Barstow, CA
$399,999
REAL ESTATE INCLUDED
Ocean County, NJ
$875,000
Clark County, NV
$135,000
Cherokee County, SC
$100,000
Dallas County, TX
$175,000
Nassau County, NY
Not Disclosed
Cash Flow: $150,000
Raleigh, NC
$975,000
Coppell, TX
$739,900
San Diego County, CA
$79,000
Texas
$150,000
Texas
$150,000
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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