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Grooming Salon And Dog Boutique In A Durham Shopping Centre

Durham, County Durham, North EastIdentity protected

Available

Grooming salon and dog boutique in a Durham shopping centre

About this business

A dog grooming salon with a small retail area selling shampoos, collars and treats, in a leased unit inside a Durham shopping centre. Seven staff run the salon and the till. It opened in 2020. Turnover has eased each year, from £306k in 2021 to £280k, while adjusted EBITDA has improved slightly to £20k. Margins are thin at around 7%. A buyer would look first at the retail range and opening hours, and could take on the business for an asking price of £55k.

Key investment highlights

Grooming plus pet accessories retail
Team of seven
Asking price of £55k
Adjusted EBITDA up from £16k to £20k

Reason for sale

The partners have decided to go their own ways and are selling the salon.

One thing worth reading before you enquire

Worth a look

Revenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.

Revenue directionWorth a look
Turnover is flat year on year but sits -8.5% below its 2021 peak.
- 2021: baseline
- 2022 (-1.0%)
- 2023 (-2.0%)
- 2024 (-1.7%)
- 2025 (-2.4%)
- 2026 (-1.8%)
- Peak 2021 to latest 2026: -8.5%
6 years of turnover, 2021 to 2026, as supplied by the seller.
Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.

EBITDA margin widened from 5.2% in 2021 to 7.1% in 2026.

These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.

Computing valuation...

What happens next

Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.