I have a growing mobile grooming business that is part of the Aussie Pet Mobile Franchise. We have been in operation since Feb. of 2023, and currently have two vans in operation, but we are in need of more capital to continue to grow, and the model is really set up to start making a profit at 3 vans. We currently average approximately $44K to $46K per month. Due to currently high monthly business expenses, and also due to the franchise model, our cash flow is around breakeven at this level. We have maxed out our current revenue in terms of filling our schedule, and could probably have another van's schedule at least half full within 2 to 4 weeks. I have a 3yr projected Pro Forma showing that at our current growth rate, we would show $23K in positive monthly cash flow with a 3rd van completely full schedule wise. Our yearly projection includes adding 2 vans per year, and at 5 years, we are projecting a positive monthly cash flow exceeding $54K. The demand for this service in the Raleigh, Durham, Chapel Hill area is exploding and our average groom price continues to increase. We currently employ 4 groomers and a dispatcher, with plans to hire as we grow. Our customers are mainly ones that have the expendable income and want to pamper their pets in the most convenient and calming environment possible. I personally am the sole owner and I am a licensed pharmacist who has practiced for over 20 years, and also have 10 years sales experience in the pharmaceutical industry.
Ready to Ask For Funding for your company?
Post a Funding Request