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This Business has been Sold!
Closing Date: 06/02/2014
Business for Sale Summary

Pet Grooming in Prime Manhattan - 24708

Business Type: pet care & grooming/ kennels
Sold
Pet Grooming in Prime Manhattan
On June 2nd 2014, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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 $125,000 Down Payment $125,000
Gross Revenues $257,000 Lease Remaining Register Free to View
Owner’s Cash Flow $126,372 Number of FT Employees Register Free to View

Financing

$125,000 Down and TBD

Business Description

Located in an affluent Manhattan neighborhood where people can afford to have their dogs and cats groomed on a regular basis. Business has been in the same spot for 16 years. Sellers are willing to stay on as long as you need them for training and support and to transition their clientele your way. Head groomer has been at it for 30 years and is willing to impart knowledge. Walk-ins account for 25% of business, which overall is spread evenly between cash and credit cards. They are ready to retire and are willing to sacrifice at a low price. 8 years left on lease. Cooperative landlord. Stay open Sundays and capture another solid day's worth of business. Spruce up the place some and gradually raise prices. The neighborhood will absorb them. A little advertising will attract new customers. Upon becoming a Vested premium member, you will be able to request and self-release the address of this listing. After doing a quick walk-by, please call broker Ken Zwiebel (or email him at kzwiebel@vestedbb.com) for a full tour and sit down with sellers. Call 516-532-1600

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.