Mobile Grooming Franchise Resale - Managed by Corporate!
Asking Price: | $135,000 |
EBITDA: | $322,153 |
Gross Revenue: | $1,601,680 |
Fantastic Semi-Passive Investment Opportunity
Furry Land Mobile Grooming offers the best healthy grooming experience and essentials for pets without the Owner needing to leave their home. Inside the mobile salon, Furry Land has everything they need to provide grooming services efficiently and safely.
Three territories in Lexington KY are available for resale. These were acquired under Furry Land's "Managed Services Model" and are a great fit for someone who wants to invest in a business, but not operate it.
Details of the Managed Services Model include:
-Corporate Management finds location, recruits and trains staff, manages the manager, and keeps the books organized.
-Franchisee takes all the profit of the business as the owner.
-Cost = 5% of gross revenues in addition to the royalty paid for regular Franchisees.
-10 year term on the Management Contract, after which franchisee can renew or take over management themselves if they wish.
Because the business is managed by corporate, the buyer does not have to live in Lexington KY.
Revenue and EBITDA numbers are from Item 19 of Furry Land's 2023 Franchise Disclosure Document.