Property Details

DESCRIPTION:

• A long-standing Dog Grooming business located in the Hilton/Hamlin area
• It is located off a well-traveled road, and has very low overhead expenses
• It has been operating since 2009
• The premises are 700-square foot, with the ability to groom 3 dogs at once
• It is well-equipped for the dog’s comfort, and has a very loyal client base of about 1,000 dogs.
• There is plenty of well-lit parking for its customers
• It currently employs 3 part time groomers plus the owner
• Hours of business are by appointment only Monday through Thursday, Friday open from 9 AM to 5 PM, and Saturday from 9 AM – 3 PM

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

• Furniture, Fixtures, and Equipment at a fair market installed value of $ 29,620
• Inventory at cost of $ 1,000

LEASE ARRANGEMENTS:

The current gross rent is $ 533.00 a month with terms of renewal negotiable

SALES AND SELLERS DISCRETIONARY EARNINGS:                                   

                                2020 (10 months)          2019            2018

Sales:                         $ 88,123             $ 107,595        $ 104,608

SDE:                            $   – 762                $    7,917           $    7,502

 PRICE/FINANCING:

The asking price has been adjusted to $45,000.

 COMMENTS:

The current operator is looking to retire. It is an ideal owner/ operator business, with very low overhead and a very loyal clientele. Expanding hours and allowing dogs over 25 pounds would be a huge plus.