Macomb County, MI
$170,000
Macomb County, MI
$170,000
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
$830,000
Burbank, CA
$415,000
REAL ESTATE INCLUDED
Spring Grove, IL
$1,955,000
Las Vegas, NV
$209,000
Suwanee, GA
$95,000
Kent County, DE
$279,000
Randall County, TX
$100,000
Barstow, CA
$399,999
REAL ESTATE INCLUDED
Ocean County, NJ
$898,000
Wayne Wright, CBI, CM&AP, MCBI
Wright Business Advisors
Serving Denver County, CO
Wright Business Advisors stands as an independent, specialized business brokerage firm. Our primary focus lies in assisting others to achieve their aspirations, putting their needs at the forefront. We invite you to explore the testimonials of our satisfied clientele. Our core clientele comprises business owners, whose revenues typically range from $1 Million to $20 Million. Our mission bridges the gap between their current position and their desired destination. Drawing from extensive experience in coaching, mentoring, and education, we possess the expertise to accompany our clients throughout their journey. We aim to simplify the often challenging process and ensure our clients enjoy it and achieve the outcomes they aspire to attain.
Philadelphia, PA
$744,900
Orange County, FL
$330,000
Bakersfield, CA
$325,000
Clark County, NV
$135,000
Cherokee County, SC
$100,000
Dallas County, TX
$175,000
Nassau County, NY
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
Little Egg Harbor Township, NJ
$1,200,000
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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