Mobile Sharpening Service / Product Distributor
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $72000
Net Profit / Cash Flow $64800
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 1 - 3
Inventory 20000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train.
Reason for Sale Moving out of state.
Description This is a mobile equipment sharpening service & product distributor that caters to the pet grooming & salon industries throughout the Houston Metro area. The business model is unique, can be operated anywhere, & can be developed into a franchise for future expansion. Houston has over 5,000 hair salons & several thousand pet grooming shops. There are very few competitors, the service & products are hard to find & are in high demand. A diesel Dodge Sprinter Van is included in this sale & is used for on-site sharpening & repair services of scissors, shears, & clipper blades, which accounts for about 80% of the business. Products & supplies are also sold on site. Sales are approx. 50% credit card & 50% cash/check and is comprised of 2% general public and 98% commercial accounts. The business has not been marketed & most revenue at this time is from long-term repeat customers. Products currently being distributed are high-profile, top-of-the-line suppliers in the industry, such as Pet Silk, Bio Silk (both part of the Farouk brand) and Kenchii, for example. Many other wholesalers want to add their lines to the product offerings. The distribution aspect of the business has not been maximized or advertised. An ecommerce website to sell the products & supplies currently carried & by adding additional products (markup is 60% to 100%), could add a six-figure revenue stream to this opportunity. Clippers & blades need tuning & sharpening every couple of months, which leads to regular appointments & product sales. Due to a parent's illness that lasted 9 months, the revenues fell off this past year. The owner is currently bringing it back up to speed for a potential buyer. He wants to move to Florida and will train new owner. Please refer to CBB Listing #7095RS for more information on this Mobile Sharpening Service business for sale.
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