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This Business has been Sold!
Closing Date: 06/03/2021
Business for Sale Summary

Dog Grooming Business for Sale Suffolk County, NY - 32761

Business Type: misc. retail/non-classifiable,misc. service/non-classifiable,other personal services,pet shop/supplies,owner financing available,pet care & grooming/ kennels
Sold
Dog Grooming Business for Sale Suffolk County, NY
On June 3rd 2021, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $159,999 Down Payment $110,000
Gross Revenues $174,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$110,000 Down and $49,999 over 3 years at 6%.

Business Description

Modern Grooming Business with limited competition. The owners use a state-of-the-art software system to track everything. The owners are NOT groomers. They act strictly in a management capacity and have a full staff of 4 groomers. All groomers are W-2 employees. They have a great location with very limited competition and very low overhead. In fact the rent is only $2,040/mth. with 15 years left on the lease. The rent includes garbage, water, CAM and tax! That is phenomenal. The space is 1,000 sq. ft. and fully renovated. In the past year the business generated a cash flow of approx. $80,000.00. The owners have decided to sell due to a move out of state. We are seeking a serious and financially qualified buyer with at least $110K in liquid funds to cover the asking price and inventory. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.