Property Details

Dog Grooming Parlor and Day Care with Building - Rochester

Property ID : WSD24/268

For Sale, Real Estate $349,900.00 - Pet Services

DESCRIPTION:
• A Dog Grooming Parlor and Day Care with Building located in Monroe County NY
• Located on a major thoroughfare with commercial and residential properties surrounding it
• It has been in operation since 2005, with a Customer base of over 250
• Employs 2 full time and 1 part time groomers working for the part time owner
• The Dog Grooming and Day Care Facility is 1,502 Total Square Feet
• There is a 1,500 square foot outdoor fenced-in area adjacent to the building
• The Commercial Building has 3 rental spaces, with 2 tenants currently.
• Open Monday – Friday 8 AM – 4 PM by appointment only

ASSETS/FIXTURES/EQUIPMENT/INVENTORY/REAL ESTATE: (Included in the Asking Price)
• Furniture, Fixtures, and Equipment at a Fair Market Installed Value of $ 17,500
• Inventory at Cost of $ 150
• Real Estate at fair market value of $ 279,900

REAL ESTATE INFORMATION:
Stand Alone Commercial Property of 3,330 total square feet on .51 acres of land with a 2-Car Garage
2019 Property Taxes totaled $ 8,121.67 at a Tax Assessment of $ 196,800
$ 150,000 in Leasehold Improvements were made to the property in 2017

SALES AND SELLERS DISCRETIONARY EARNINGS OF BUSINESS AND RENTAL INCOME:
2019 2018
Business Income: $ 143,046 $ 113,347
Rental Income $ 23,727 $ 22,549
Total Income $ 166,773 $ 135,896
Total SDE $ 34,472 $ 25,632

PRICE/FINANCING:
The total Asking Price for the Business and Real Estate is $ 349,900

COMMENTS:
A great opportunity for an established Pet Groomer to operate a Dog Grooming and Day Care Business together with being a landlord of Real Estate generating rental income. Leasing out the third space within the building at $ 700 per month will add $ 8,400 to the Total SDE together with what the Owner brings in in sales.

Submitted by AMD BizBrokers


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