Great location on a busy highway

Covington, KY
Kenton County

1700 square feet busy road


Asking Price: Annual Revenue:
$175,000 $205,000

Services: Pet Care & Grooming


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RE: Great location on a busy highway Broker: Thomas Lutes
Owner Financing is Available!
Possible financing with $100,000 down.

Quick Facts

Asking Price: $175,000
Annual Revenue: $205,000
Net Profit: $75,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 105957006
Broker Reference #: Not Disclosed

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Business Overview:

The business is a regional dog grooming and boarding facility located in Covington, Ky. Covington, KY is minutes from Cincinnati, Ohio.
Business is operated from a business location with 1,700 square feet. The business has hundreds of established accounts that reorder services frequently.
The business services Covington, Newport and Cincinnati, Ohio
Located a few miles from the Ohio river and the city of Newport. Grooming makes up 85% of the revenue but boarding could be expanded upon. Gross revenue over $200,000 with only 4 employees (3 PT). Established for four years with a great reputation.

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Property Features and Assets:

1,700 square feet in a busy location with 3 years remaining on the lease.

Market Competition and Expansion:

Limited

Reason for Selling:

Career change.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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