Fantastic Pet Grooming Business in NYC-27825

New York County, NY
New York County

Asking Price: Annual Revenue:
$99,000 $203,000

Retail: Pet Stores & Services

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RE: Fantastic Pet Grooming Business in NYC-27825 Broker: Melvin L. Vaz

Quick Facts

Asking Price: $99,000
Annual Revenue: $203,000
Net Profit: Not Disclosed
Cash Flow: $56,424
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 4
BBN Listing #: 19034447
Broker Reference #: 27825

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Business Overview:

Fantastic Pet Grooming Business in NYC. Located in an affluent Upper East Side location, this is a neighborhood where people can afford to have their dogs and cats groomed on a regular basis. The business has been in the same location for 18 years. The seller currently runs the business as an absentee side-business. She is willing to stay on for a for training and transition period to help ensure maximum client retention. In the past year gross sales were approximately $208,000.00 with a net cash flow of approx. $57,216.00 (RUN ABSENTEE). AN EXPERIENCED GROOMER/OWNER CAN EASILY REDUCE PAYROLL BY AT LEAST $25,000. Walk-ins account for 25% of business, which overall is spread evenly between cash and credit cards. The owner has another business and a family that require her attention. That is the reason for the sale. There are 3.5 years left on the lease, but the landlord is very reasonable and will add a 5 year extension for a qualified buyer. Stay open Sundays and capture another solid day of business. A little advertising will attract new customers. They currently offer ONLY grooming. There is a need for other services in the area such as pet daycare, pet walking, pet-sitting and retail grooming products. IT WOULD EASILY COST OVER $150,000.00 AND 1 Year TO BUILD A STORE LIKE THIS FROM SCRATCH. Then you would have to build up an 18 year reputation. We are seeking a serious and financially qualified buyer with a love for pets and at least $99,000 in liquid funds. If you meet the criteria, please call us for further information.

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Reason for Selling:

The owner has another business and a family that r

Additional Details:

  • The property is leased.
  • The owner is 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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