how much would it cost to open a pet grooming business?

A facility- some people convert a garage or room in their house, but you have to check zoning laws and get a small business license and whatnot. Your other options are buying/renting commercial space, or buying/leasing a mobile salon.

Equipment & Supplies (Probably a good $5k-$10k or more right there)

License (Don't think it costs much, but lots of paperwork and inspections)

Unless you're going to open a large salon and hire several other groomers, it's typically not worth it to open your own business. Most one-person grooming businesses go under quickly because one groomer typically cannot bring in enough money to pay the bills and still make a profit.
 
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