Experience in dog grooming / pet services

by a searcher from University of Central Florida

7 months ago

Hey everyone,

I found an interesting opportunity for a multi-site dog groomer and am curious if anyone has spent time doing diligence on opportunities in pet services. 

Seems like it could potentially pencil at a glance, but has too high employee costs for the revenue and most of the ebitda is through add backs. 

Love to chat with anyone who has a point of view on these businesses!

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searcher from Harvard University

Davis, let's connect if you get into pet, my team is an open book! We bought one Q4 last year, plan to do another Q1-Q2 range next year. We prefer bigger, which tends to be boarding/daycare primary with either existing or at least potential to add training, grooming. We are getting educated on how we might be useful to vets too but starting with non-medical NAICS for full SBA-financed --@----.com###-###-####

6 months ago | like reply | 1 like

searcher from University of Central Florida

Thanks everyone - ultimately decided to pass on this one. Add backs were too heavy and would need to de novo expand asap into new markets in order to grow the revenue and the bottom line didn’t have enough cash to really make that viable.

6 months ago | like reply | 0 likes

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