Outstanding Pet Grooming Salon and Boutique For Sale

Business description

This luxury pet salon and boutique is located in a booming commercial district of suburban Chicago. The pet industry is currently a $43 billion a year industry, couple that with the over 163 million dog and cat owners who are looking for ways to pamper their beloved members of the family; and you have a market demand that is greatly unfulfilled. With daily traffic of approximately 60,000 people this business is well poised to capitalize on the flourishing community. With national anchors, this location is second to none. The business has developed a strong and recognizable brand within the community and Chicago land area.

This pet boutique has successfully established itself as the premier location for pets. It features luxury accessories including collars, leashes, toys, clothes, carriers, etc. The salon and spa maintains this focus of luxury by offering the client a level of pampering they cannot find anywhere else. As a result, clients are extremely loyal, number over 850, are constantly referring others, and have created a demand that is presently hard to keep up with. The salon is at least 2 weeks booked in advance and Saturday appointments are booked up a minimum of 6-8 weeks in advance. Additionally, many clients maintain a standing appointment every 4-6 weeks, ensuring constant demand. The company is expanding at a break neck pace and is posed for another record year.

The boutique has been profitable since day one and has seen revenue steadily climb. Quarter 1 of 2008 is approximately 64.4% higher than Quarter 1 2007. With a profitable mix of boutique items, minimum mark up of 100%, and the highly profitable, recession proof, service portion, this business model is designed to capture all revenue streams pertaining to the enhancement of a pet's health, happiness, and appearance. Additionally, the boutique has secured exclusive merchandising rights with certain vendors for the area. These companies are industry standouts and have a loyal following which draw customers from upwards of 30 miles away.

With impeccable decorating, this business has created an ambiance that upholds the commitment to luxury. The company is rapidly expanding and is comprised of an affluent client base with an insatiable demand for its products and services. The success is boundless and undeniable under the stewardship of any owner. The only question is whether you want to be the owner of the next great success.

Property information

Real Estate:

Lease

Lease terms:

$2362 Monthly Rent

Location:

1200 Sq. Ft. Building

Other information

Reasons for selling:

Medical Reasons

Furniture / Fixtures value:

$24,000 (included in the asking price)

Inventory / Stock value:

$22,000 (included in the asking price)