Pet Grooming In Prime Manhattan
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $257000
Net Profit / Cash Flow $126372
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1996
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Located in an affluent Manhattan neighborhood where people can afford to have their dogs and cats groomed on a regular basis. Business has been in the same spot for 16 years. Sellers are willing to stay on as long as you need them for training and support and to transition their clientele your way. Head groomer has been at it for 30 years and is willing to impart knowledge. Walk-ins account for 25% of business, which overall is spread evenly between cash and credit cards. Sellers are prepared to verify all of their financial claims. They are ready to retire and are willing to finance a third of the $299,000 asking price. 9 years left on lease. Cooperative landlord. Stay open Sundays and capture another solid day's worth of business. Spruce up the place some and gradually raise prices. The neighborhood will absorb them. A little advertising will attract new customers. Upon becoming a Vested premium member, you will be able to request and self-release the address of this listing. After doing a quick walk-by, please call broker Jay Goldman 561.213.6114 (or email him) for a full tour and sit down with sellers.
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