Jul 27, 2024 | Acquisition, Business Appraisal, Business Valuation, Pet Grooming Business, Pet Training
Are you thinking about buying a pet business? The pet industry is driven by the increasing number of pet owners investing in professional services for their pets’ care. Owning a business in this industry can be personally rewarding and financially lucrative....Read More »
Aug 25, 2023 | Business Valuation, Pet Grooming Business, Pet Training, Valuation Multiples
Pet training, grooming, and boarding businesses provide pet care services to domestic animals. According to IBIS World, the pet training, grooming, and boarding industry generate over $11 billion dollars per year. Moving forward, we will likely see an increase in...Read More »
Mar 25, 2023 | Business Appraiser, Business Valuation, Pet Grooming Business, Pet Training
Unlike many industries, the pet training, grooming, and boarding industry benefited from COVID-19. Travel restrictions forced consumers to stay in their homes. To cope with the isolation, many people purchased new pets. As such, demand for pet training, grooming, and...Read More »
Mar 4, 2023 | Business Valuation, Pet Grooming Business, Pet Training, Value Drivers
COVID-19 was hard for many industries, including the pet training, grooming, and boarding industry. Due to travel restrictions, consumers were able to spend more time caring for their pets. This led to a decrease in demand for pet care services. However, while the...Read More »
