10 Mar Acquisitions Anonymous: $3.2M for a Dog Grooming Business?!
This week, the hosts, and franchise expert Connor Groce break down an intriguing pet services deal: a mobile dog grooming franchise covering all of Long Island, New York. The business generates $2.1M in revenue with a stated $744K EBITDA and is asking $3.2M. It operates 13 fully outfitted grooming vans and serves Nassau and Suffolk countiesā€”no storefront required. As the founding location of the franchise system, it also comes with brand credibility and operational systems built over eight years.
Key Highlights:
– $2.1M revenue, $744K stated EBITDA, $3.2M asking price
– 13 mobile grooming vans serving Long Island territory
– Franchise royalty adjustment likely reduces true cash flow
– Customer loyalty risk tied to individual groomers
– SBA loan likely viableā€”but franchise approval and bank underwriting matter
