Dog Grooming/Boarding-Huge Opportunity-READ THIS

Covington, KY (Kenton County) (Relocatable)

Seller Financing Available
Could add 500K per year
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Asking Price: $175,000

Cash Flow: N/A

Gross Revenue: $205,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Rent: $1,500 /Month

Established: 2015

Dog Grooming/Boarding-Huge Opportunity-READ THIS

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Business Description

The business is a regional dog grooming and boarding facility located in Covington, Ky. just minutes from Cincinnati, Ohio. Business is operated from a business location with 1700 square feet. The business has hundreds of established accounts that reorder services frequently. The business services Covington, Newport and Cincinnati, Ohio. Grooming makes up 85% of the revenue but boarding could be expanded upon. Current rent for the business is $1,500 per month. The owner has the option of expanding the business to allow for 20-25 dogs being boarded daily at an additional rent expense of $1,000 per month. This potentially could generate as much as $500,000 annually in revenue if full daily. The location is ideal!

Current gross revenue over $200,000 with only 4 employees (3 PT). Nearly all from grooming. Established for four years with a great reputation. Great lease with three years remaining. Owner may carry some of the financing to a qualified buyer.
Interested parties will need to sign an nda.
Tom Lutes
E-Biz Brokerage

Detailed Information

Location:
Covington, KY
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
7/31/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1700 Square feet-3 years remaining
Competition:
limited
Growth & Expansion:
boarding and grooming
Financing:
Possible Partial Financing available
Support & Training:
Owner will assist with training or potentially work for 6-8 months after the sale
Reason for Selling:
career change
Contact Seller

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Tom Lutes

Business Listed By:
Tom Lutes

E-Biz Brokerage

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