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Mobile Grooming Franchise Resale - Managed by Corporate, Kentucky (Fayette Co.)

Lexington, Kentucky, United States
Franchises
Company Data
Price
$135.0K
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Revenue
$1.6M
Top 10%
Profit
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0.1X
Business Overview
About the Company
Fantastic Semi\-Passive Investment Opportunity Furry Land Mobile Grooming offers the best healthy grooming experience and essentials for pets, all without the owner needing to leave their home\. Inside the mobile salon, Furry Land provides everything needed to deliver grooming services efficiently and safely\. Three territories in Lexington, KY, are available for resale under Furry Land's "Managed Services Model", making it a perfect fit for someone looking to invest in a business without actively managing day\-to\-day operations\. EBITDA: $322,153\!\! Details of the Managed Services Model include: Corporate Management handles locating and setting up operations, recruiting and training staff, managing the manager, and maintaining organized financial records\. Franchisee retains all profits as the business owner\. Cost: 5% of gross revenues, in addition to the royalty fee for regular franchisees\. Term: 10\-year management contract, renewable or with the option for the franchisee to take over management after the term ends\. Because corporate management runs the business, buyers are not required to live in Lexington, KY\. Revenue and EBITDA figures are based on Item 19 of Furry Land's 2023 Franchise Disclosure Document\.
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